Evolution Petroleum (EPM) Lags Q3 Earnings Estimates

Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Evolution Petroleum (EPM) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this oil and gas company would post a loss of $0.01 per share when it act ...