Earthstone Vitality (ESTE) This fall Earnings Miss Estimates

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Earthstone Vitality (ESTE) This fall Earnings Miss Estimates

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Earthstone Vitality (ESTE) got here out with quarterly earnings of $0.28 per share, lacking the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.13 per share a yr in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of -6.67%. 1 / 4 in the past, it was anticipated that this oil and fuel firm would put up earnings of $0.13 per share when it truly produced earnings of $0.18, delivering a shock of 38.46%.

Over the past 4 quarters, the corporate has surpassed consensus EPS estimates thrice.

Earthstone Vitality, which belongs to the Zacks Oil and Fuel – Exploration and Manufacturing – United States business, posted revenues of $66.79 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 2.50%. This compares to year-ago revenues of $41.24 million. The corporate has topped consensus income estimates two instances during the last 4 quarters.



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