Earnings Preview : Q3 2024 Is Gearing Up To Be A Decisive Quarter For Riley Exploration Permian ($REPX)

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Riley Exploration Permian (NYSE AMERICAN: REPX) has set the date for the release of its third quarter financial results on Wednesday 6th November 2024, after market close. Investors and analysts will have a chance to analyze the company's performance during the quarter.

According to predictions from financial analysts on Wall Street, the business is expected to report an estimated per share $1.57 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $103.64 million during this period.

Wall Street analysts have provided their insights on the company's performance for the year, forecasting a total revenue of $416.48 million. Additionally, they anticipate the earnings per share to reach profit of $5.97 during the fiscal year.

During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $1.58. This significant amount was the outcome of the company's total revenue, which reached an impressive $108.29 million during that particular timeframe.

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Riley Exploration Permian (REPX) shares traded as low as $25.80 and as high as $27.03 on a day volume of 73.20 thousand shares, closed Friday's regular trading session at $25.96, drop of 2.81 percent.