Evolution Petroleum (EPM) Reports Q2 Fiscal Earnings: EPS 3c, Misses Revenue Estimate

Evolution Petroleum Corp. (EPM) released fiscal second-quarter earnings of $1.1 million, or 3 cents per share, with an adjusted loss of less than 1 cent per share. Revenue totaled $20.7 million, below the $21.8 million average estimate from three analysts surveyed by Zacks Investment Research. The oil and gas company missed revenue guidance, reflecting lower oil prices and production levels during the period.