Ring Energy Q2 Adj. EPS $0.10 Beats $0.08 Estimate, Sales $104.981M Beat $93.223M Estimate
Ring Energy (AMEX:REI) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $0.08 by 25 percent. This is a 100 percent increase over earnings of $0.05 per share from the same
Ring Energy made more money than experts thought it would this quarter—both in profits and sales. When a company beats what people expected, it can show the business is doing well and might make investors feel more confident.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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