Evolution Petroleum Corp (EPM, Financial) is set to release its Q4 2024 earnings on Sep 10, 2024. The consensus estimate for Q4 2024 revenue is $23.72 million, and the earnings are expected to come in at $0.05 per share. The full year 2024's revenue is expected to be $88.37 million, and the earnings are expected to be $0.14 per share. More detailed estimate data can be found on the Estimates page.
Evolution Petroleum Corp (EPM, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Evolution Petroleum Corp (EPM) for the full year 2024 have declined from $90.20 million to $88.37 million. For 2025, estimates have decreased from $113.75 million to $107.12 million. Earnings estimates have also seen a reduction, with projections for 2024 going from $0.16 per share to $0.14 per share, and for 2025, from $0.46 per share to $0.40 per share.
Evolution Petroleum Corp (EPM, Financial) Reported History
In the previous quarter of 2024-03-31, Evolution Petroleum Corp's (EPM) actual revenue was $23.03 million, which beat analysts' revenue expectations of $22.38 million by 2.88%. Evolution Petroleum Corp's (EPM) actual earnings were $0.01 per share, which missed analysts' earnings expectations of $0.03 per share by -66.67%. After releasing the results, Evolution Petroleum Corp (EPM) was up by 2.73% in one day.
Evolution Petroleum Corp (EPM, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 2 analysts, the average target price for Evolution Petroleum Corp (EPM) is $8.63 with a high estimate of $9 and a low estimate of $8.25. The average target implies an upside of 82.35% from the current price of $4.73.
Based on GuruFocus estimates, the estimated GF Value for Evolution Petroleum Corp (EPM, Financial) in one year is $0, suggesting a downside of -100% from the current price of $4.73.
Based on the consensus recommendation from 2 brokerage firms, Evolution Petroleum Corp's (EPM, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
