Ring Vitality (REI) got here out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.07 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 13.33%. 1 / 4 in the past, it was anticipated that this impartial oil and fuel firm would submit earnings of $0.10 per share when it really produced earnings of $0.12, delivering a shock of 20%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates 4 occasions.
Ring Vitality, which belongs to the Zacks Oil and Gasoline – Exploration and Manufacturing – United States trade, posted revenues of $52.23 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 0.41%. This compares to year-ago revenues of $27.56 million. The corporate has topped consensus income estimates 4 occasions over the past 4 quarters.
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