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Brigham Minerals: Q3 Earnings Snapshot

Brigham Minerals: Q3 Earnings Snapshot

Brigham Minerals: Q3 Earnings Snapshot

By AP News
Published - Nov 03, 2022, 06:09 PM ET
Last Updated - Jun 23, 2023, 07:58 PM EDT

AUSTIN, Texas (AP) _ Brigham Minerals Inc. (MNRL) on Thursday reported third-quarter earnings of $38.5 million.

The Austin, Texas-based company said it had profit of 69 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 83 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share.

The mineral and royalty interests company posted revenue of $94.2 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $79.2 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a MNRL">Zacks stock report on MNRL at https://www.zacks.com/ap/MNRL

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