Panhandle Oil & Gasoline (PHX) got here out with quarterly earnings of $0.17 per share, beating
Panhandle Oil & Gasoline (PHX) got here out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of a lack of $0.02 per share. This compares to earnings of $0.06 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 950%. 1 / 4 in the past, it was anticipated that this oil and fuel firm would submit earnings of $0.03 per share when it truly produced earnings of $0.25, delivering a shock of 733.33%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates thrice.
Panhandle Oil & Gasoline, which belongs to the Zacks Oil and Gasoline – Exploration and Manufacturing – United States business, posted revenues of $15.73 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 55.11%. This compares to year-ago revenues of $11.57 million. The corporate has topped consensus income estimates thrice during the last 4 quarters.
The sustainability…