Evolution Petroleum Fiscal Q3 Swings to Loss, Revenue Falls; Maintains Dividend

MT Newswires Live
May 13

Evolution Petroleum (EPM) reported a fiscal Q3 adjusted loss late Tuesday of $0.09 per diluted share, swinging from earnings of $0.02 a year earlier.

Analysts polled by FactSet expected earnings of $0.02.

Revenue for the three months ended March 31 was $20.2 million, down from $22.6 million a year earlier.

Analysts surveyed by FactSet expected $21.7 million.

The company kept its quarterly dividend at $0.12 per share, payable June 30 to holders of record June 15.

Evolution shares were down more than 9% in after-hours activity.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10