Ring Energy, Inc. Analyst EPS Estimates
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|---|---|---|---|
| Q1 2024 | 1 | $0.09 | $0.10 | $0.10 |
| Q2 2024 | 1 | $0.12 | $0.12 | $0.12 |
| Q3 2024 | 1 | $0.07 | $0.08 | $0.07 |
| Q4 2024 | 2 | $0.08 | $0.09 | $0.09 |
| Q1 2025 | 2 | $0.08 | $0.09 | $0.09 |
| Q2 2025 | 1 | $0.08 | $0.09 | $0.09 |
| Q3 2025 | 1 | $0.10 | $0.10 | $0.10 |
| Q4 2025 | 1 | $0.10 | $0.11 | $0.10 |
| Q1 2026 | 1 | $0.14 | $0.15 | $0.14 |
| Q2 2026 | 1 | $0.17 | $0.18 | $0.17 |
| Q3 2026 | 1 | $0.17 | $0.18 | $0.17 |
| Q4 2026 | 1 | $0.20 | $0.22 | $0.21 |
Ring Energy, Inc. Earnings Date And Information
Ring Energy, Inc. last posted its earnings results on Wednesday, November 6th, 2024. The company reported $0.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.06 by $0.01. The company had revenue of 89.24 M for the quarter and had revenue of 361.06 M for the year. Ring Energy, Inc. has generated $1 earnings per share over the last year ($0.54 diluted earnings per share) and currently has a price-to-earnings ratio of 2.81. Ring Energy, Inc. has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, March 6th, 2025 based on prior year's report dates.
Ring Energy, Inc. Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Reported EPS | Beat/Miss | Revenue Estimate | Actual Revenue |
|---|---|---|---|---|---|---|
| 11/06/2024 | Q3 2024 | $0.06 | $0.17 | 0.11 | $86.73 M | $89.24 M |
| 08/06/2024 | Q2 2024 | $0.11 | $0.11 | 0 | $98.53 M | $99.14 M |
| 05/06/2024 | Q1 2024 | $0.14 | $0.03 | -0.11 | $94.50 M | |
| 03/07/2024 | Q4 2023 | $0.15 | $0.26 | 0.11 | $99.94 M | |
| 11/02/2023 | Q3 2023 | $0.14 | -$0.04 | -0.18 | $92.13 M | $93.68 M |
| 08/03/2023 | Q2 2023 | $0.11 | $0.15 | 0.04 | $84.96 M | $79.35 M |
| 05/03/2023 | Q1 2023 | $0.11 | $0.18 | 0.07 | $88.08 M | |
| 03/09/2023 | Q4 2022 | $0.15 | $0.09 | -0.06 | $99.70 M | |
| 11/09/2022 | Q3 2022 | $0.49 | $73.80 M | $94.41 M | ||
| 08/04/2022 | Q2 2022 | $0.25 | $0.32 | 0.07 | $69.85 M | $84.96 M |
| 05/10/2022 | Q1 2022 | $0.18 | $0.06 | -0.12 | $68.18 M | |
| 03/16/2022 | Q4 2021 | $0.07 | $0.24 | 0.17 | $59.67 M | |
| 11/09/2021 | Q3 2021 | $0.09 | $0.14 | 0.05 | $36.10 M | $49.38 M |
| 08/09/2021 | Q2 2021 | $0.06 | -$0.16 | -0.22 | $43.00 M | $47.76 M |
| 05/10/2021 | Q1 2021 | $0.05 | -$0.19 | -0.24 | $39.50 M | |
| 03/16/2021 | Q4 2020 | -$0.10 | -$1.83 | -1.73 | $31.35 M | |
| 11/09/2020 | Q3 2020 | $0.00 | -$0.03 | -0.03 | $29.16 M | $31.47 M |
| 08/10/2020 | Q2 2020 | -$0.00 | -$1.99 | -1.99 | $16.41 M | $10.64 M |
| 05/11/2020 | Q1 2020 | $0.06 | $0.64 | 0.58 | $39.57 M | |
| 03/16/2020 | Q4 2019 | $0.15 | -$0.06 | -0.21 | $52.23 M |
Ring Energy, Inc. Earnings: Frequently Asked Questions
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When is Ring Energy, Inc.'s earnings date?
Ring Energy, Inc. has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, March 6th, 2025 based off last year's report dates.
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Did Ring Energy, Inc. beat their earnings estimates last quarter?
In the previous quarter, Ring Energy, Inc. (:REI) reported $0.07 earnings per share (EPS) to beat the analysts' consensus estimate of $0.06 by $0.01.
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How can I listen to Ring Energy, Inc.'s earnings conference call?
The conference call for Ring Energy, Inc.'s latest earnings report can be listened to online.
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How can I read Ring Energy, Inc.'s conference call transcript?
The conference call transcript for Ring Energy, Inc.'s latest earnings report can be read online.
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How much revenue does Ring Energy, Inc. generate each year?
Ring Energy, Inc. (:REI) has a recorded annual revenue of $361.06 M.
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How much profit does Ring Energy, Inc. generate each year?
Ring Energy, Inc. (:REI) has a recorded net income of $361.06 M. Ring Energy, Inc. has generated $0.55 earnings per share over the last four quarters.
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What is Ring Energy, Inc.'s price-to-earnings ratio?
Ring Energy, Inc. (:REI) has a price-to-earnings ratio of 2.81 and price/earnings-to-growth ratio is 0.05.
