Evolution Petroleum (EPM) Q2 Earnings and Revenues Miss Estimates

Evolution Petroleum (EPM) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -70%. A quarter ago, it was expected that this oil and gas company would post earnings of $0.08 per share when it actually produced earnings of $0.04, delivering a surprise of -50%.Over the last four quarters, t ...