Benzinga | May 10, 2021 05:50PM EDT

Ring Energy Q1 Adj. EPS $0.07 Beats $0.05 Estimate, Sales $39.50M Beat $30.20M Estimate

Ring Energy (AMEX:REI) reported quarterly earnings of $0.07 per share which beat the analyst consensus estimate of $0.05 by 40 percent. This is a 36.36 percent decrease over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $39.50 million which beat the analyst consensus estimate of $30.20 million by 30.80 percent. This is a 0.17 percent decrease over sales of $39.57 million the same period last year.