GeoResources Earnings -- 4Q11

From Yahoo!In Play:

GeoResources beats by $0.03, beats on revs: Reports Q4 (Dec) earnings of $0.41 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus Estimate of $0.38; revenues rose 51.7% year/year to $41.1 mln vs the $37.7 mln consensus. "We are pleased with our financial and operating results for 2011. We ended the year with a record net production level of over 6,100 boe/d. We also generated record revenue, EBITDAX and adjusted net income for both the 4th quarter and year ended December 31, 2011."