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Texas Pacific Land: Q1 Earnings Insights

Author: Benzinga Insights | May 03, 2023 04:33pm

Texas Pacific Land (NYSE:TPL) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Texas Pacific Land missed estimated earnings by 14.85%, reporting an EPS of $11.24 versus an estimate of $13.2.

Revenue was down $973 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $2.2 which was followed by a 1.1% drop in the share price the next day.

Here's a look at Texas Pacific Land's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 15.14 14.38 15.83 14.57
EPS Actual 12.94 16.82 15.37 12.64
Revenue Estimate 171.71M 175.67M 177.96M 159.88M
Revenue Actual 152.71M 191.11M 176.27M 147.34M

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.

Posted In: TPL

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