Analysts Expect Evolution Petroleum Corporation, Inc. (EPM) to Announce $0.07 EPS
Equities analysts expect that Evolution Petroleum Corporation, Inc. (NASDAQ:EPM) will report $0.07 earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have made estimates for Evolution Petroleum’s earnings. Evolution Petroleum reported earnings of $0.09 per share during the same quarter last year, which indicates a negative year over year growth rate of 22.2%. The firm is scheduled to announce its next quarterly earnings report on Wednesday, May 8th.
On average, analysts expect that Evolution Petroleum will report full year earnings of $0.42 per share for the current year, with EPS estimates ranging from $0.41 to $0.43. For the next year, analysts expect that the company will report earnings of $0.35 per share, with EPS estimates ranging from $0.34 to $0.35. Zacks’ EPS averages are an average based on a survey of sell-side analysts that follow Evolution Petroleum.
Evolution Petroleum (NASDAQ:EPM) last released its earnings results on Wednesday, February 6th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.02). The firm had revenue of $11.05 million during the quarter, compared to the consensus estimate of $12.70 million.
Shares of EPM traded up $0.06 during mid-day trading on Monday, reaching $6.85. The company’s stock had a trading volume of 71,000 shares, compared to its average volume of 166,607. Evolution Petroleum has a 1 year low of $6.17 and a 1 year high of $12.83.
About Evolution Petroleum
Evolution Petroleum Corporation, an independent oil and gas company, engages in the acquisition, exploitation, and development of properties for the production of crude oil and natural gas, onshore in the United States. The company's principal assets include interests in a CO2 enhanced oil recovery project and the natural gas liquids recovery plant in the Delhi field Louisiana.
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