CORRECTION: Ring Energy Q3 Adj. EPS $0.06 Beats $0.04 Estimate, Sales $78.601M Beat $76.800M Estimate

Ring Energy (AMEX:REI) reported quarterly earnings of $0.06 per share which beat the analyst consensus estimate of $0.04 by 71.43 percent. This is a 14.29 percent decrease over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $78.601 million which beat the analyst consensus estimate of $76.800 million by 2.35 percent. This is a 11.93 percent decrease over sales of $89.244 million the same period last year.