Comstock Resources Inc reports results for the quarter ended in June - Earnings Summary

Comstock Resources

31/07/2023 23:21

* Comstock Resources Inc  CRK.N  reported quarterly
breakeven
results​​ per share for the quarter ended in June. The mean
expectation of twelve analysts for the quarter was for earnings
of 5 cents per share.
    * Revenue fell 66.4% to $288.21 million from a year ago;
analysts
expected $332.92 million. 
    * Comstock Resources Inc's reported EPS for the quarter was
a loss
of 17 cents​.
    * The mean earnings estimate of analysts had fallen by
about 68.7%
in the last three months.​ 
    * In the last 30 days, nine analysts negatively revised
earnings
estimates 
    * Comstock Resources Inc shares had risen by 7.9% this
quarter and
lost 8.7% so far this year.
    * The company reported a quarterly loss of $45.71 million.
    * Wall Street's median 12-month price target for Comstock
Resources Inc is $13.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
31 at 10:21 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.05           0.00           Missed
 Mar. 31 2023      0.35           0.33           Missed
 Dec. 31 2022      0.84           1.05           Beat
 Sep. 30 2022      1.17           1.18           Beat