Comstock Resources Inc reports results for the quarter ended December 31 - Earnings Summary

Comstock Resources

18/02/2025 23:02

* Comstock Resources Inc  CRK.N  reported quarterly adjusted
earnings of 16 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 10 cents.  The mean expectation of
fifteen analysts for the quarter was for earnings of 2 cents per
share. Wall Street expected results to range from -1 cents to 12
cents per share.
    * Revenue fell 10.7% to $366.51 million from a year ago;
analysts
expected $372.49 million. 
    * Comstock Resources Inc's reported EPS for the quarter was
a loss
of 19 cents​.
    * The company reported a quarterly loss of $55.31 million.
    * Comstock Resources Inc shares had risen by 1.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 22.1%
in the last three months.​ 
    * In the last 30 days, seven analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 11
"hold" and 3 "sell" or "strong sell." 
    * The average consensus recommendation for the oil & gas
exploration and production peer group is also "hold"

Wall Street's median 12-month price target for Comstock
Resources Inc is $18.00 
This summary was machine generated from LSEG data February 18 at
11:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.02           0.16           Beat
 Sep. 30 2024      -0.16          -0.17          Missed
 Jun. 30 2024      -0.16          -0.20          Missed
 Mar. 31 2024      -0.07          -0.03          Beat