Comstock Resources Inc expected to post earnings of 13 cents a share - Earnings Preview

Comstock Resources

10/02/2024 24:47

* Comstock Resources Inc  CRK.N   CRK  is expected to show a
fall
in quarterly revenue when it reports  results on February 13 for
the period ending December 31 2023
    * The Frisco Texas-based  company is expected to report a
56.8% decrease in revenue to $398.46 million from $922.38
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data. (Majority is on Total revenue
basis, Quarters may not add up to annuals due to difference in
broker actual.)
    * ​LSEG's mean analyst estimate for Comstock Resources Inc
is for
earnings of 13 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Comstock
Resources Inc is $10.00​, above​ its last closing price
of $7.36. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  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. 31 2022  0.81        0.84       1.05      Beat    25.2
 ​​Sep.        1.18        1.17       1.18      Beat    0.8
 30 2022                                                
 Jun. 30 2022  0.97        0.95       1.00      Beat    5.4​
 Mar. 31 2022  0.52        0.50       0.51      Beat    2.5
 Dec. 31 2021  0.43        0.47       0.37      Missed  -21
 This summary was machine generated February 10 at 00:47 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)