How did SJT's Q3 earnings compare to previous quarters?
4/11/2025 07:10pm
San Juan Basin Royalty Trust (SJT) reported its third-quarter (Q3) 2024 earnings on August 14, 2024. The following is a comparison of Q3 2024's earnings and some key financial metrics with previous quarters:
1. **Earnings Per Share (EPS)**:
- Q3 2024 EPS: $0.02.
- Q2 2024 EPS: Not available.
- Q1 2024 EPS: Not available.
- Q4 2023 EPS: $0.09.
2. **Revenue**:
- Q3 2024 Revenue: $1.89 million.
- Q2 2024 Revenue: Not available.
- Q1 2024 Revenue: Not available.
- Q4 2023 Revenue: $5.11 million.
3. **Net Income**:
- Q3 2024 Net Income: Not available.
- Q2 2024 Net Income: $1.1 million.
- Q1 2024 Net Income: Not available.
- Q4 2023 Net Income: $77.6 million.
4. **Return on Equity (ROE)**:
- Q3 2024 ROE: Not available.
- Q2 2024 ROE: Not available.
- Q1 2024 ROE: Not available.
- Q4 2023 ROE: 715.03%.
5. **Net Margin**:
- Q3 2024 Net Margin: Not available.
- Q2 2024 Net Margin: Not available.
- Q1 2024 Net Margin: Not available.
- Q4 2023 Net Margin: 89.64%.
**Insights**:
- SJT's EPS in Q3 2024 was $0.02, which is lower than the $0.09 reported in Q4 2023.
- The company's revenue in Q3 2024 was $1.89 million, which is significantly less than the $5.11 million reported in Q4 2023.
- The net income for Q3 2024 is not available, but the previous quarter, Q2 2024, showed a net income of $1.1 million.
- The ROE and net margin for Q3 2024 are not available, but the previous quarter, Q4 2023, showed a ROE of 715.03% and a net margin of 89.64%.
In conclusion, San Juan Basin Royalty Trust's Q3 2024 earnings, as reported by EPS and revenue, showed a decline compared to the previous quarter, Q4 2023. The net income for Q3 2024 is not available, but the available data suggests a decrease from the previous quarter. The ROE and net margin for Q3 2024 are not available, but the previous quarter's high ROE and net margin indicate strong profitability.