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Sitio Royalties Q1 Net Income Falls, Revenue Increases
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Sitio Royalties Q1 Net Income Falls, Revenue Increases
May 9, 2024 1:08 AM

03:57 AM EDT, 05/09/2024 (MT Newswires) -- Sitio Royalties ( STR ) reported Q1 net income Wednesday of $0.10 per diluted class A common share, down from $0.28 a year earlier.

Analysts polled by Capital IQ expected $0.16.

Total revenue for the quarter ended March 31 was $151.4 million, up from $150.8 million a year ago.

Analysts surveyed by Capital IQ expected $142.9 million.

Price: 22.89, Change: -0.22, Percent Change: -0.95

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