Benzinga | Aug 10, 2021 09:33AM EDT

Ring Energy Late Yesterday Reported Q2 EPS $0.07 Beats $0.05 Estimate, Sales $47.76M Beat $33.70M 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 250 percent increase over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $47.76 million which beat the analyst consensus estimate of $33.70 million by 41.72 percent. This is a 349.00 percent increase over sales of $10.64 million the same period last year.