Black Stone Minerals: Q2 Earnings Snapshot
By AP News
Published - Jul 31, 2023, 06:15 PM ET
Last Updated - Jul 31, 2023, 06:15 PM EDT
HOUSTON (AP) — HOUSTON (AP) — Black Stone Minerals LP (BSM) on Monday reported second-quarter earnings of $73.1 million.
The Houston-based company said it had net income of 35 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.
The partnership that owns mineral and royalty interests posted revenue of $117 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $116.3 million.
