Epsilon Energy Ltd reports results for the quarter ended June 30 - Earnings Summary

• Epsilon Energy Ltd EPSN.OQ reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended June 30. The lone analyst forecast for the quarter was for earnings of 8 cents per share.

• Revenue was $11.63 million​; analysts expected $11.85 million.

• Epsilon Energy Ltd's reported EPS for the quarter was 7 cents​.

• The company reported quarterly net income of $1.55 million.

• Epsilon Energy Ltd shares had fallen by 13.8% this quarter and gained 2.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 27.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

• Wall Street's median 12-month price target for Epsilon Energy Ltd is $8.40, about 24.3% above its last closing price of $6.36

This summary was machine generated from LSEG data August 13 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)