Pedevco Corp. (PED) Reports Break-Even Earnings for Q1

Pedevco Corp. (PED) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.02. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this company would post earnings of $0.01 per share when it actually produced earnings of $0.13, delivering a surprise of 1,200%.Over the last four quarters, the company has surpassed conse ...