WhiteHawk Minerals Corp. Reports Q3 Earnings Miss on Lower Revenue and EPS
WhiteHawk Minerals Corp. (WHK) reported third-quarter financial results that fell short of market expectations. The company posted a GAAP earnings per share (EPS) of $0.16, missing estimates by $0.08, while revenue reached $21.47 million, representing an 11.4% year-over-year decline and falling $3.09 million below consensus forecasts. Despite the top and bottom-line misses, the company saw operational growth in production. Net production rose to 71.3 MMcfe/d, marking a 10% increase compared to the same quarter last year and a 2% improvement over the second quarter of the current year.
Tickers: $WHK