Sitio Royalties (STR) Lags Q2 Earnings Estimates

Sitio Royalties (STR) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of$ 0.19 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -21.05%. A quarter ago, it was expected that this company would post earnings of$ 0.21 per share when it actually produced earnings of $0.10, delivering a surprise of -52.38%. Over the last four quarters, the compa ...