HOUSTON (AP) — HOUSTON (AP) — Evolution Petroleum Corp. (EPM) on Tuesday reported a loss of $8.9 million in its fiscal third quarter.
The Houston-based company said it had a loss of 26 cents per share. Losses, adjusted for non-recurring costs, were 9 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.
The oil and gas company posted revenue of $20.2 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $23 million.
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