Range Resources Corp expected to post earnings of 35  cents a share - Earnings Preview

Range Resources

21/10/2023 01:12

* Range Resources Corp  RRC.N   RRC  is expected to show a
fall in
quarterly revenue when it reports  results on October 24. 
    * The Fort Worth Texas-based  company is expected to report 
a
45.3% decrease in revenue to $603.736 million from $1.1 billion
a year ago, according to the mean estimate from 17 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Range Resources
Corp is
for earnings of 35 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 11
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Range
Resources
Corp is $36​, above​ its last closing price of $34.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.22        0.25       0.30      Beat    21.5
 Mar. 31 2023  0.81        0.82       0.99      Beat    21.3
 Dec. 31 2022  1.22        1.20       1.30      Beat    8.6​
 Sep. 30 2022  1.46        1.41       1.37      Missed  -2.5
 ​​Jun.        1.30        1.26       1.27      Beat    0.9
 30 2022                                                
 Mar. 31 2022  1.19        1.14       1.18      Beat    3.9​
 Dec. 31 2021  0.98        0.98       0.96      Missed  -1.7
 Sep. 30 2021  0.54        0.54       0.52      Missed  -2.9
 This summary was machine generated October 21 at 00:12 GMT.  All
figures in US dollars  unless otherwise stated