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Evolution Petroleum: Fiscal Q1 Earnings Snapshot
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HOUSTON (AP) — HOUSTON (AP) — Evolution Petroleum Corp. (EPM) on Tuesday reported a loss of $3 million in its fiscal first quarter.

On a per-share basis, the Houston-based company said it had a loss of 8 cents. Losses, adjusted for non-recurring costs, came to 1 cent per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The oil and gas company posted revenue of $22.6 million in the period, meeting Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EPM at https://www.zacks.com/ap/EPM

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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