Evolution Petroleum: Fiscal Q4 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — Evolution Petroleum Corp. (EPM) on Tuesday reported fiscal fourth-quarter profit of $4.6 million.

The Houston-based company said it had net income of 13 cents per share. Losses, adjusted for non-recurring gains, came to 2 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The oil and gas company posted revenue of $24.2 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $23.6 million.

For the year, the company reported a loss of $2.4 million, or 8 cents per share. Revenue was reported as $86.3 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EPM at https://www.zacks.com/ap/EPM