Analysts predict that Evolution Petroleum Corporation, Inc. (NASDAQ:EPM) will report earnings of $0.15 per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Evolution Petroleum’s earnings. Evolution Petroleum reported earnings per share of $0.06 in the same quarter last year, which would suggest a positive year-over-year growth rate of 150%. The company is expected to issue its next earnings report on Wednesday, November 14th.
On average, analysts expect that Evolution Petroleum will report full-year earnings of $0.61 per share for the current financial year, with EPS estimates ranging from $0.60 to $0.62. For the next financial year, analysts anticipate that the firm will report earnings of $0.59 per share, with EPS estimates ranging from $0.55 to $0.63. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Evolution Petroleum.
Evolution Petroleum (NASDAQ:EPM) last posted its quarterly earnings data on Friday, September 7th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.13 by $0.01. The company had revenue of $11.43 million during the quarter, compared to analysts’ expectations of $11.42 million.
EPM stock traded down $0.25 during trading on Friday, reaching $10.05. The company’s stock had a trading volume of 6,312 shares, compared to its average volume of 168,219. Evolution Petroleum has a 1 year low of $6.35 and a 1 year high of $12.83.
Evolution Petroleum Company Profile
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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