Comstock Resources Inc expected to post earnings of 5  cents a share - Earnings Preview

Comstock Resources

28/10/2023 03:22

* Comstock Resources Inc  CRK.N   CRK  is expected to show a
fall
in quarterly revenue when it reports  results on October 30. 
    * The Frisco Texas-based  company is expected to report  a
65.8% decrease in revenue to $340.748 million from $996.92
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Comstock Resources
Inc is
for earnings of 5 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 8
"hold" and 1 "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 $13​, above​ its last closing price of $12.25.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  1.18        1.17       1.18      Beat    0.8
 ​​Jun.        0.97        0.95       1.00      Beat    5.4
 30 2022                                                
 Mar. 31 2022  0.52        0.50       0.51      Beat    2.5​
 Dec. 31 2021  0.43        0.47       0.37      Missed  -21
 Sep. 30 2021  0.34        0.35       0.34      Missed  -1.8
 This summary was machine generated October 28 at 02:22 GMT.  All
figures in US dollars  unless otherwise stated