Evolution Petroleum Q2 Adj EPS $0.03 Misses $0.09 Estimate, Sales $21.02M Miss $22.77M Estimate

Evolution Petroleum (AMEX:EPM) reported quarterly earnings of $0.03 per share which missed the analyst consensus estimate of $0.09 by 66.67 percent. This is a 89.29 percent decrease over earnings of $0.28 per share from the same period last year. The company reported quarterly sales of $21.02 million which missed the analyst consensus estimate of $22.77 million by 7.67 percent. This is a 37.57 percent decrease over sales of $33.68 million the same period last year.