Range Resources Corp expected to post earnings of 24  cents a share - Earnings Preview

Range Resources

22/07/2023 24:48

* Range Resources Corp  RRC.N   RRC  is expected to show a
fall in
quarterly revenue when it reports  results on July 24. 
    * The Fort Worth Texas-based  company is expected to report 
a
58.6% decrease in revenue to $562.21 million from $1.36 billion
a year ago, according to the mean estimate from 15 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Range Resources
Corp is
for earnings of 24 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 10
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Range
Resources
Corp is $33​, above​ its last closing price of $30.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.81        0.82       0.99      Beat    21.3
 Dec. 31 2023  1.22        1.20       1.30      Beat    8.6
 Sep. 30 2022  1.46        1.41       1.37      Missed  -2.5​
 Jun. 30 2022  1.30        1.26       1.27      Beat    0.9
 ​​Mar.        1.19        1.14       1.18      Beat    3.9
 31 2022                                                
 Dec. 31 2021  0.98        0.98       0.96      Missed  -1.7​
 Sep. 30 2021  0.54        0.54       0.52      Missed  -2.9
 Jun. 30 2021  0.25        0.24       0.24      Met     1.4
 This summary was machine generated July 21 at 23:48 GMT.  All
figures in US dollars  unless otherwise stated