To: Johnny Canuck who wrote (49196 ) 2/6/2013 11:55:55 PM From: Johnny Canuck Respond to Evolution Petroleum Beats on Both Top and Bottom Lines By Seth Jayson More Articles Save For Later Comments (0) Evolution Petroleum (AMEX: EPM) reported earnings on Feb. 6. Here are the numbers you need to know. The 10-second takeaway For the quarter ended Dec. 31 (Q2), Evolution Petroleum beat expectations on revenues and beat expectations on earnings per share. Revenue details Evolution Petroleum reported revenue of $5.6 million. The four analysts polled by S&P Capital IQ wanted to see a top line of $5.2 million on the same basis. GAAP reported sales were 22% higher than the prior-year quarter's $4.6 million. EPS details EPS came in at $0.06. The four earnings estimates compiled by S&P Capital IQ averaged $0.05 per share. GAAP EPS of $0.06 for Q2 were 50% higher than the prior-year quarter's $0.04 per share. Margin details For the quarter, gross margin was 92.2%, 150 basis points better than the prior-year quarter. Operating margin was 53.6%, 140 basis points better than the prior-year quarter. Net margin was 34.7%, 400 basis points better than the prior-year quarter. Looking ahead Next quarter's average estimate for revenue is $6.5 million. On the bottom line, the average EPS estimate is $0.07. Investor sentiment The stock has a three-star rating (out of five) at Motley Fool CAPS, with 225 members out of 235 rating the stock outperform, and 10 members rating it underperform. Among 46 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Evolution Petroleum a green thumbs-up, and two give it a red thumbs-down. Click here for instant access to this free report. [Johnny: One of the few small cap E&P companies that is hitting a new high. 8 year high and it has broken above the $10 market which qualifies it to be held by some of the large mutual funds.]
