Texas Pacific Land (NYSE:TPL) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Texas Pacific Land missed estimated earnings by 13.25%, reporting an EPS of $12.64 versus an estimate of $14.57.
Revenue was up $63.18 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.93 which was followed by a 8.52% increase in the share price the next day.
Here’s a look at Texas Pacific Land’s past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 11.14 | 9.13 | 7.33 | 5.77 |
| EPS Actual | 10.21 | 10.82 | 7.36 | 6.45 |
| Revenue Estimate | 129.23M | 109.92M | 93.22M | 75.22M |
| Revenue Actual | 147.18M | 123.69M | 95.93M | 84.16M |
To track all earnings releases for Texas Pacific Land visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
