Ring Energy (REI) came out with quarterly earnings of $0.12 per share, in line with the Zacks Consensus Estimate. This compares to earnings of$0.14 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this independent oil and gas company would post earnings of $0.14 per share when it actually produced earnings of$0.10, delivering a surprise of -28.57%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Ring E ...