Earthstone Energy: Q1 Earnings Insights

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Earthstone Energy ESTE reported its Q1 earnings results on Wednesday, May 3, 2023 at 05:05 PM.

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

Earnings

Earthstone Energy beat estimated earnings by 4.05%, reporting an EPS of $0.77 versus an estimate of $0.74.

Revenue was up $216.99 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 3.46% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.05 1.47 1.25 0.56
EPS Actual 1.04 1.30 1.29 0.78
Revenue Estimate 468.06M 442.80M 375.16M 167.57M
Revenue Actual 494.96M 531.50M 472.55M 196.15M

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: EarningsBZI-Recaps
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