Cross Timbers Royalty Trust Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 02:42 pm EDT
Cross Timbers Royalty Trust reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 3.18 million compared to USD 3.77 million a year ago. Net income was USD 3.04 million compared to USD 3.56 million a year ago. Basic earnings per share from continuing operations was USD 0.506769 compared to USD 0.593166 a year ago.
For the six months, revenue was USD 7.11 million compared to USD 5.72 million a year ago. Net income was USD 6.68 million compared to USD 5.24 million a year ago. Basic earnings per share from continuing operations was USD 1.113302 compared to USD 0.873988 a year ago.