Comstock Resources Inc reports results for the quarter ended June 30 - Earnings Summary
Comstock Resources Inc reports results for the quarter ended June 30 - Earnings Summary
Comstock Resources Inc CRK.N reported quarterly adjusted earnings of 3 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 13 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from zero cents to 22 cents per share.
Revenue fell 24.9% to $353.28 million from a year ago; analysts expected $430.35 million.
Comstock Resources Inc's reported EPS for the quarter was 3 cents.
The company reported quarterly net income of $8.77 million.
Comstock Resources Inc shares had fallen by 17.0% this quarter and lost 46.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 66.8% in the last three months.
In the last 30 days, six 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 2 "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 $16.00, about 21.2% above its last closing price of $12.61
This summary was machine generated from LSEG data July 30 at 02:19 a.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 2026 | 0.03 | 0.03 | Met |
Mar. 31 2026 | 0.26 | 0.15 | Missed |
Dec. 31 2025 | 0.12 | 0.16 | Beat |
Sep. 30 2025 | 0.06 | 0.09 | Beat |
Recent news on Comstock Resources
See all newsBrief: Azerbaijan's SOCAR purchases stakes in Comstock's assets for $1.65 billion
Comstock Resources, Inc. reports results for the quarter ended September 30 - Earnings Summary
U.S. RESEARCH ROUNDUP-Adobe, Dell Technologies, Zscaler
U.S. STOCKS ON THE MOVE- Medtronic, Comstock, Apple
U.S. STOCKS ON THE MOVE-GoPro, TXNM Energy, Emergent BioSolutions