Evolution Petroleum (AMEX:EPM) reported quarterly losses of $(0.02) per share which missed the analyst consensus estimate of $0.01 by 300 percent. This is a 166.67 percent decrease over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $24.208 million which beat the analyst consensus estimate of $23.240 million by 4.17 percent. This is a 14.69 percent increase over sales of $21.108 million the same period last year.