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

$1.79
+0.01 (+0.56%)
(As of 05/31/2024 ET)

Earnings Summary

Latest
Earnings Date
May. 6Estimated
Actual EPS
(May. 6)
$0.09 Missed By -$0.04
Consensus EPS
(May. 6)
$0.13
Skip Charts & View Estimated and Actual Earnings Data

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:$0.44 EPS
Next Year EPS Consensus Estimate: $0.49 EPS

REI Earnings Date and Information

Ring Energy last released its quarterly earnings results on May 6th, 2024. The reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.13 by $0.04. The company earned $94.50 million during the quarter, compared to analyst estimates of $93.42 million. Ring Energy has generated $0.40 earnings per share over the last year ($0.40 diluted earnings per share) and currently has a price-to-earnings ratio of 4.5. Earnings for Ring Energy are expected to grow by 11.36% in the coming year, from $0.44 to $0.49 per share.

Ring Energy Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/6/2024Q1 2024$0.13$0.09($0.04)$0.15$93.42 million$94.50 million
3/7/2024Q4 2023$0.14$0.10($0.04)($0.06)$95.39 million$99.94 million    
11/2/2023Q3 2023$0.13$0.12($0.01)$0.28$90.20 million$93.68 million
8/3/2023Q2 2023$0.12$0.13+$0.01$0.11$84.83 million$79.35 million    
5/3/2023Q1 2023$0.13$0.13-$0.09$98.55 million$88.08 million
3/9/2023Q4 2022$0.13$0.12($0.01)$0.16$88.00 million$99.70 million
11/9/2022Q3 2022$0.23$0.27+$0.04$0.05$66.27 million$94.41 million
8/4/2022Q2 2022$0.22$0.27+$0.05$0.22$63.96 million$84.96 million    
8/4/2022Q2 2022$0.22$0.27+$0.05$0.22$63.96 million$84.96 million
5/10/2022Q1 2022$0.17$0.21+$0.04$0.36$54.10 million$68.18 million
5/10/2022Q1 2022$0.17$0.21+$0.04$0.36$54.10 million$68.18 million
3/16/2022Q4 2021$0.04$0.09+$0.05($0.02)$39.64 million$59.67 million
3/16/2022Q4 2021$0.04$0.09+$0.05($0.02)$39.64 million$59.67 million
11/9/2021Q3 2021$0.06$0.06--$37.51 million$49.38 million    
11/9/2021Q3 2021$0.06$0.06--$37.51 million$49.38 million
8/9/2021Q2 2021$0.03$0.07+$0.04$0.30$33.69 million$47.76 million
8/9/2021Q2 2021$0.03($0.16)($0.19)$0.30$33.69 million$47.76 million    
5/10/2021Q1 2021$0.03$0.07+$0.04$0.33$30.18 million$39.50 million  
5/10/2021Q1 2021$0.03$0.07+$0.04$0.33$30.18 million$39.50 million
3/17/2021Q4 2020$0.03($0.03)($0.06)$1.91$28.64 million$31.35 million  
3/16/2021Q4 2020$0.03$0.04+$0.01$1.91$28.64 million$31.35 million
11/9/2020Q3 2020($0.03)$0.04+$0.07$0.11$27.36 million$31.47 million
11/9/2020Q3 2020($0.03)$0.05+$0.08$0.11$27.36 million$31.47 million  
11/9/2020Q3 2020($0.03)$0.04+$0.07$0.11$27.36 million$31.47 million
8/10/2020Q2 2020$0.01($0.02)($0.03)$1.95$16.29 million$10.64 million
8/10/2020Q2 2020$0.01($0.02)($0.03)$1.95$16.29 million$10.64 million
8/10/2020Q2 2020$0.01($0.02)($0.03)$1.95$16.29 million$10.64 million
5/11/2020Q1 2020$0.05$0.11+$0.06($0.42)$41.31 million$39.57 million  
5/11/2020Q1 2020$0.05$0.11+$0.06($0.42)$41.31 million$39.57 million
5/11/2020Q1 2020$0.05$0.11+$0.06($0.42)$41.31 million$39.57 million
3/16/2020Q4 2019$0.13$0.16+$0.03$0.25$52.02 million$52.23 million
3/16/2020Q4 2019$0.13$0.16+$0.03$0.25$52.02 million$52.23 million
3/16/2020Q4 2019$0.13$0.16+$0.03$0.25$52.02 million$52.23 million
11/6/2019Q3 2019$0.09$0.11+$0.02$0.07$48.63 million$50.34 million
11/6/2019Q3 2019$0.09$0.11+$0.02$0.07$48.63 million$50.34 million
11/6/2019Q3 2019$0.09$0.11+$0.02$0.07$48.63 million$50.34 million
8/7/2019Q2 2019$0.12$0.16+$0.04$0.14$49.66 million$51.33 million
8/7/2019Q2 2019$0.12$0.16+$0.04$0.14$49.66 million$51.33 million
8/7/2019Q2 2019$0.12$0.16+$0.04$0.14$49.66 million$51.33 million
8/7/2019Q2 2019$0.12$0.16+$0.04$0.14$49.66 million$51.33 million
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Ring Energy Earnings - Frequently Asked Questions

When did Ring Energy announce their last quarterly earnings?

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

Did Ring Energy beat their earnings estimates last quarter?

In the previous quarter, Ring Energy (NYSEAMERICAN:REI) missed the analysts' consensus estimate of $0.13 by $0.04 with a reported earnings per share (EPS) of $0.09. Learn more on analysts' earnings estimate vs. REI's actual earnings.

How much revenue does Ring Energy generate each year?

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

How much profit does Ring Energy generate each year?

Ring Energy (NYSEAMERICAN:REI) has a recorded net income of $104.86 million. REI has generated $0.40 earnings per share over the last four quarters.

What is Ring Energy's price-to-earnings ratio?

Ring Energy (NYSEAMERICAN:REI) has a trailing price-to-earnings ratio of 4.48 and a forward price-to-earnings ratio of 4.07.

What is Ring Energy's EPS forecast for next year?

Ring Energy's earnings are expected to grow from $0.44 per share to $0.49 per share in the next year, which is a 11.36% increase.


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This page (NYSEAMERICAN:REI) was last updated on 6/1/2024 by MarketBeat.com Staff

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