Sitio Royalties Q1 2024 GAAP EPS $0.10 Misses $0.15 Estimate, Sales $151.391M Beat $142.425M Estimate

Sitio Royalties (NYSE:STR) reported quarterly earnings of $0.10 per share which missed the analyst consensus estimate of $0.15 by 33.33 percent. This is a 64.29 percent decrease over earnings of $0.28 per share from the same period last year. The company reported quarterly sales of $151.391 million which beat the analyst consensus estimate of $142.425 million by 6.30 percent. This is a 0.37 percent increase over sales of $150.826 million the same period last year.