AUSTIN, Texas (AP) — Brigham Minerals Inc. (MNRL) on Thursday reported third-quarter profit of $3.1 million.
The Austin, Texas-based company said it had net income of 14 cents per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.
The mineral and royalty interests company posted revenue of $25.1 million in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $25.5 million.