Ring Energy Q3 2023 Adj EPS $0.13 Beats $0.12 Estimate, Sales $93.68M Beat $87.23M Estimate

Ring Energy (AMEX:REI) reported quarterly earnings of $0.13 per share which beat the analyst consensus estimate of $0.12 by 8.33 percent. This is a 53.57 percent decrease over earnings of $0.28 per share from the same period last year. The company reported quarterly sales of $93.68 million which beat the analyst consensus estimate of $87.23 million by 7.40 percent. This is a 0.77 percent decrease over sales of $94.41 million the same period last year.