Recap: HighPeak Energy Q1 Earnings

HighPeak Energy HPK reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:03 PM.

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

Earnings

HighPeak Energy missed estimated earnings by 40.0%, reporting an EPS of $0.39 versus an estimate of $0.65.

Revenue was up $131.56 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.34 which was followed by a 4.14% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.87 0.89 0.75
EPS Actual 0.53 0.85 0.64 -0.17
Revenue Estimate 253.49M 253.50M 186.84M 112.70M
Revenue Actual 257.92M 204.11M 201.43M 92.23M

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

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

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