Recap: HighPeak Energy Q1 Earnings - HighPeak Energy (NASDAQ:HPK)

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.

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.

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.