Pedevco Corp. (PED) Q2 Earnings Match Estimates

Pedevco Corp. (PED) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post earnings of $0.01 per share when it actually produced earnings of $0.01, delivering no surprise. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Pedevco, which belongs to the Zacks ...