Earthstone Energy: Q2 Earnings Insights

Earthstone Energy: Q2 Earnings Insights

Earthstone Energy ESTE reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.

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

Earnings

Earthstone Energy beat estimated earnings by 3.2%, reporting an EPS of $1.29 versus an estimate of $1.25.

Revenue was up $382.88 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.22 which was followed by a 7.3% drop in the share price the next day.

Here's a look at Earthstone Energy's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.56 0.35 0.22 0.16
EPS Actual 0.78 0.46 0.35 0.26
Revenue Estimate 167.57M 116.63M 91.60M 72.22M
Revenue Actual 196.15M 144.02M 110.38M 89.67M

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.56 0.35 0.22 0.16
EPS Actual 0.78 0.46 0.35 0.26
Revenue Estimate 167.57M 116.63M 91.60M 72.22M
Revenue Actual 196.15M 144.02M 110.38M 89.67M

To track all earnings releases for Earthstone Energy visit their earnings calendar here.

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

Posted In: BZI-RecapsEarnings