Permian Resources (NYSE:PR) Releases Quarterly Earnings Results, Beats Estimates By $0.21 EPS
Permian Resources (NYSE:PR – Get Free Report) announced its earnings results on Wednesday. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.32 by $0.21. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.22 billion. Permian Resources had a return on equity of 11.43% and a net margin of 21.20%. The firm’s quarterly revenue was up 60.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.36 earnings per share.
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