$0.07 EPS Expected for Evolution Petroleum Corporation, Inc. (NASDAQ:EPM) This Quarter

Wall Street analysts expect that Evolution Petroleum Corporation, Inc. (NASDAQ:EPM) will announce earnings of $0.07 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Evolution Petroleum’s earnings. The highest EPS estimate is $0.08 and the lowest is $0.06. Evolution Petroleum also posted earnings of $0.07 per share in the same quarter last year. The business is scheduled to announce its next earnings report on Wednesday, May 13th.

According to Zacks, analysts expect that Evolution Petroleum will report full-year earnings of $0.29 per share for the current fiscal year, with EPS estimates ranging from $0.26 to $0.31. For the next fiscal year, analysts anticipate that the firm will report earnings of $0.23 per share. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Evolution Petroleum.

NASDAQ EPM opened at $5.05 on Wednesday. The business has a fifty day moving average price of $5.25 and a 200 day moving average price of $5.58. Evolution Petroleum has a one year low of $4.95 and a one year high of $8.11.

About Evolution Petroleum

Evolution Petroleum Corporation, an independent oil and gas company, engages in the acquisition, exploitation, and development of properties for the production of crude oil and natural gas, onshore in the United States. The company's principal assets include interests in a CO2 enhanced oil recovery project and the natural gas liquids recovery plant in the Delhi field Louisiana.

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