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Stock impact report

Evolution Petroleum (EPM) Ascends But Remains Behind Market: Some Facts to Note [Yahoo! Finance]

Evolution Petroleum Corporation, Inc. (EPM) 
NASDAQ:AMEX Investor Relations: evolutionpetroleum.com/investor-overview.php
Company Research Source: Yahoo! Finance
The stock fell short of the S&P 500, which registered a gain of 0.89% for the day. Elsewhere, the Dow saw an upswing of 1.03%, while the tech-heavy Nasdaq appreciated by 1.25%. Shares of the oil and gas company witnessed a gain of 9.45% over the previous month, beating the performance of the Oils-Energy sector with its gain of 5.25% and the S&P 500's gain of 3.56%. Market participants will be closely following the financial results of Evolution Petroleum in its upcoming release. It is anticipated that the company will report an EPS of $0.04, marking a 90.48% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $21.84 million, showing a 40.78% drop compared to the year-ago quarter. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.21 per share and revenue of $88.68 million, indicating changes of -79.21% and -31%, respectively, compared to the previous year. Any recent chang Show less Read more
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