Earthstone Energy, Inc. Reports First Quarter 2019 Financial Results
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Earthstone Energy (ESTE) Misses Q1 EPS by 77c, Revenues Beat
May 6, 2019 6:03 AM EDTEarthstone Energy (NYSE: ESTE) reported Q1 EPS of ($0.60), $0.77 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $40.7 million versus the consensus estimate of $39.23 million.
First Quarter 2019 Highlights
Average daily production of 11,209 Boepd(1)Increased by 7% from the fourth quarter of 2018Increased by 16% from the first quarter of 2018Revenues of $40.7 millionFlat as compared to the fourth quarter of 2018, resulting from increased... More