Recap: PHX Minerals Q2 Earnings

PHX Minerals (NYSE:PHX) reported its Q2 earnings results on Tuesday, May 9, 2023 at 04:30 PM.

Here's what investors need to know about the announcement.

PHX Minerals beat estimated earnings by 575.0%, reporting an EPS of $0.27 versus an estimate of $0.04.

Revenue was up $14.01 million from the same period last year.

Last quarter the company missed on EPS by $0.06 which was followed by a 9.34% drop in the share price the next day.

Here's a look at PHX Minerals's past performance:

Quarter	Q1 2023	Q4 2022	Q3 2022	Q2 2022
EPS Estimate	0.15	0.18	0.15
EPS Actual	0.09	0.26	0.25	-0.12
Revenue Estimate	15.57M	18.43M	16.75M	10.90M
Revenue Actual	18.27M	17.55M	17.38M	1.96M

To track all earnings releases for PHX Minerals visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.