Comstock Resources, Inc. reports results for the quarter ended September 30 - Earnings Summary
Comstock Resources, Inc. reports results for the quarter ended September 30 - Earnings Summary
Comstock Resources, Inc. CRK.N reported quarterly adjusted earnings of 2 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of seventeen analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from -1 cents to 15 cents per share.
Revenue fell 14.6% to $384.36 million from a year ago; analysts expected $424.36 million.
Comstock Resources, Inc.'s reported EPS for the quarter was 8 cents.
The company reported quarterly net income of $22.27 million.
Comstock Resources, Inc. shares had risen by 12.3% this quarter and lost 40.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 42.5% in the last three months.
In the last 30 days, four 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," 12 "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 $16.00, about 16.4% above its last closing price of $13.38
This summary was machine generated from LSEG data November 5 at 01:40 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 |
Sep. 30 2026 | 0.04 | 0.02 | 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 |
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
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