Evolution Petroleum: Q2 Earnings Insights


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Evolution Petroleum (AMEX:EPM) reported its Q2 earnings results on Tuesday, February 6, 2024 at 04:10 PM.

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

Earnings

Evolution Petroleum missed estimated earnings by 66.67%, reporting an EPS of $0.03 versus an estimate of $0.09.

Revenue was down $12.65 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 5.65% drop in the share price the next day.

Here's a look at Evolution Petroleum's past performance:

QuarterQ1 2024Q4 2023Q3 2023Q2 2023
EPS Estimate0.070.060.160.25
EPS Actual0.0400.420.28
Revenue Estimate21.58M21.64M28.68M33.03M
Revenue Actual20.60M18.17M36.87M33.68M

To track all earnings releases for Evolution Petroleum visit their earnings calendar here.

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


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsBZI-Recaps