Comstock Resources Inc reports results for the quarter ended June 30 - Earnings Summary

Comstock Resources

30/07/2025 23:51

Comstock Resources Inc CRK.N reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -20 cents.  The mean expectation of fifteen analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 6 cents to 14 cents per share.

Revenue fell 47.2% to $130.30 million from a year ago; analysts expected $419.59 million.

Comstock Resources Inc's reported EPS for the quarter was 44 cents​.

The company reported quarterly net income of $124.84 million.

Comstock Resources Inc shares had fallen by 24.0% this quarter and gained 15.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 39.1% in the last three months.​

In the last 30 days, eleven analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 10 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is  "buy."

Wall Street's median 12-month price target for Comstock Resources Inc is $23.00, about 9.6% above its last closing price of $20.79

This summary was machine generated from LSEG data July 30 at 10:51 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
Jun. 30 2025
0.09
0.13
Beat
Mar. 31 2025
0.16
0.18
Beat
Dec. 31 2024
0.02
0.16
Beat
Sep. 30 2024
-0.16
-0.17
Missed