13.05.2014 23:14:24

American Eagle Energy Slips To Loss In Q1 - Quick Facts

(RTTNews) - American Eagle Energy Corp (AMZG) Tuesday posted first-quarter net loss of $1.0 million or $0.06 per share compared with net income of $0.4 million or $0.03 per share last year.

Excluding items, adjusted net income for the quarter was $0.8 million or $0.04 per share, compared to $1.9 million or $0.15 per share in the previous year quarter.

Oil and gas revenues for the latest first quarter were $12.5 million, up 64% from $7.6 million in the prior year.

On average, six analysts polled by Thomson Reuters estimated earnings of $0.04 per share on revenues of $12.93 million for the quarter. Analysts' estimates typically exclude special items.

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