Cross Timbers Royalty Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 11:49 am EST
Cross Timbers Royalty Trust reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 3.82 million compared to USD 2.46 million a year ago. Net income was USD 3.74 million compared to USD 2.3 million a year ago. Basic earnings per share from continuing operations was USD 0.62271 compared to USD 0.383617 a year ago.
For the nine months, revenue was USD 9.54 million compared to USD 5.6 million a year ago. Net income was USD 8.98 million compared to USD 5.01 million a year ago. Basic earnings per share from continuing operations was USD 1.496698 compared to USD 0.835085 a year ago.