Texas Pacific Land -Texas Pacific (TPL) Q2 Earnings and Revenues Lag Estimates

Texas Pacific (TPL) came out with quarterly earnings of $4.98 per share, missing the Zacks Consensus Estimate of$ 5.36 per share. This compares to earnings of $4.35 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -7.09%. A quarter ago, it was expected that this landowner would post earnings of$ 4.58 per share when it actually produced earnings of $4.97, delivering a surprise of 8.52%. Over the last four quarters, the company h ...