Evolution Petroleum (US:EPM) ZACKSยท2025-02-11 23:41Company Performance - Evolution Petroleum reported a quarterly loss of $0.03 per share, missing the Zacks Consensus Estimate of a loss of $0.01, compared to earnings of $0.03 per share a year ago, representing an earnings surprise of -200% [1] - The company posted revenues of $20.28 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 2.71%, and down from $21.02 million year-over-year [2] - Over the last four quarters, Evolution Petroleum has not surpassed consensus EPS estimates and has topped consensus revenue estimates only once [2] Market Outlook - The stock has added about 2.5% since the beginning of the year, underperforming the S&P 500's gain of 3.1% [3] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.09 on $24.63 million in revenues for the coming quarter and $0.21 on $91.18 million in revenues for the current fiscal year [4][7] - The Zacks Industry Rank for Oil and Gas - Exploration and Production - United States is in the top 21% of over 250 Zacks industries, indicating a favorable industry outlook [8] Earnings Estimate Revisions - The estimate revisions trend for Evolution Petroleum is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, suggesting it is expected to outperform the market in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]