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Ring Energy (REI) Earnings Date, Estimates & Call Transcripts

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$1.57 +0.04 (+2.61%)
(As of 11/18/2024 ET)

Ring Energy Latest Earnings Summary

Latest
Earnings Date
Nov. 6Estimated
Actual EPS
(Nov. 6)
$0.07 Beat By $0.02
Consensus EPS
(Nov. 6)
$0.05

Ring Energy posted Q3 2024 earnings on November 6, 2024, reporting an EPS of $0.07, which topped analysts' consensus estimates of $0.05 by $0.02. Quarterly revenue was reported to be $89.24 million, above analyst estimates of $83.27 million. With a trailing EPS of $0.57 and a P/E Ratio of 2.75, Ring Energy's earnings are expected to grow 38.24% next year, from $0.34 to $0.47 per share.

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REI Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

REI Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Ring Energy Analyst EPS Estimates

Current Year EPS Consensus Estimate:$0.34 EPS
Next Year EPS Consensus Estimate: $0.47 EPS

Ring Energy Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
11/6/2024-$0.05$0.07+$0.02-$0.03$83.27M$89.24M    
8/6/2024Q2 2024$0.11$0.11-$0.11$98.29M$99.14M
5/6/2024Q1 2024$0.13$0.09 -$0.04$0.15$93.42M$94.50M
3/7/2024Q4 2023$0.14$0.10 -$0.04-$0.06$95.39M$99.94M    
11/2/2023Q3 2023$0.13$0.12 -$0.01$0.28$90.20M$93.68M
8/3/2023Q2 2023$0.12$0.13+$0.01$0.11$84.83M$79.35M    
5/3/2023Q1 2023$0.13$0.13-$0.09$98.55M$88.08M
3/9/2023Q4 2022$0.13$0.12 -$0.01$0.16$88.00M$99.70M

Ring Energy Earnings - Frequently Asked Questions

Ring Energy (NYSEAMERICAN:REI) last announced its quarterly earning data on Wednesday, November 6, 2024. Learn more on REI's earnings history.

In the previous quarter, Ring Energy (NYSEAMERICAN:REI) reported $0.07 earnings per share (EPS) to beat the analysts' consensus estimate of $0.05 by $0.02. Learn more on analysts' earnings estimate vs. REI's actual earnings.

The conference call for Ring Energy's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Ring Energy's latest earnings report can be read online.
Read Transcript

Ring Energy (NYSEAMERICAN:REI) has a recorded annual revenue of $361.06 million.

Ring Energy (NYSEAMERICAN:REI) has a recorded net income of $104.86 million. REI has generated $0.57 earnings per share over the last four quarters.

Ring Energy (NYSEAMERICAN:REI) has a trailing price-to-earnings ratio of 2.75 and a forward price-to-earnings ratio of 4.62.

Ring Energy's earnings are expected to grow from $0.34 per share to $0.47 per share in the next year, which is a 38.24% increase.

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This page (NYSEAMERICAN:REI) was last updated on 11/18/2024 by MarketBeat.com Staff
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