Range Resources Corp expected to post earnings of 57 cents a share - Earnings Preview

Range Resources

19/04/2024 22:20

* Range Resources Corp  RRC.N   RRC  is expected to show a
fall in
quarterly revenue when it reports  results on April 23 for the
period ending March 31 2024
    * The Fort Worth Texas-based  company is expected to report
a
10.5% decrease in revenue to $659.308 million from $736.28
million a year ago, according to the mean estimate from 17
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Range Resources Corp is
for
earnings of 57 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 13
"hold" and 4 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 6.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Range
Resources
Corp is $36.00​, above​ its last closing price of $35.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.53        0.48       0.63      Beat    31.4
 Sep. 30 2023  0.34        0.35       0.46      Beat    32.4
 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.        1.22        1.20       1.30      Beat    8.6
 31 2022                                                
 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. 31 2022  1.19        1.14       1.18      Beat    3.9
 This summary was machine generated April 19 at 21:19 GMT.  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)