Comstock Resources Inc expected to post a loss of 7 cents a share - Earnings Preview

Comstock Resources

30/04/2024 01:28

* Comstock Resources Inc  CRK.N   CRK  is expected to show a
fall
in quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The Frisco Texas-based  company is expected to report a
28.3% decrease in revenue to $351.258 million from $489.58
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Comstock Resources Inc
is for
a loss of 7 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 9
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Comstock
Resources Inc is $9.00​, below​ its last closing price
of $10.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.11        0.13       0.10      Missed  -20.5
 Sep. 30 0001  0.05        0.05       0.04      Missed  -15.3
 Jun. 30 2023  0.06        0.05       0.00      Missed  -100​
 Mar. 31 2023  0.36        0.35       0.33      Missed  -4.4
 ​​Dec.        0.81        0.84       1.05      Beat    25.2
 31 2022                                                
 Sep. 30 2022  1.18        1.17       1.18      Beat    0.8​
 Jun. 30 2022  0.97        0.95       1.00      Beat    5.4
 Mar. 31 2022  0.52        0.50       0.51      Beat    2.5
 This summary was machine generated April 30 at 00:28 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)