Range Resources Corp reports results for the quarter ended in June - Earnings Summary

Range Resources

24/07/2023 23:30

* Range Resources Corp  RRC.N  reported quarterly adjusted
earnings of 30 cents​​ per share for the quarter ended in June.
The mean expectation of twenty four analysts for the quarter was
for earnings of 25 cents per share.
    * Revenue fell 65.5% to $468.38 million from a year ago;
analysts
expected $562.21 million. 
    * Range Resources Corp's reported EPS for the quarter was 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 45%
in the last three months.​ 
    * In the last 30 days, twenty one analysts negatively
revised
earnings estimates 
    * Range Resources Corp shares had risen by 2.0% this
quarter and
gained 19.9% so far this year.
    * The company reported quarterly net income of $30.23
million.
    * Wall Street's median 12-month price target for Range
Resources
Corp is $33.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
24 at 10:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.25           0.30           Beat
 Mar. 31 2023      0.82           0.99           Beat
 Dec. 31 2022      1.20           1.30           Beat
 Sep. 30 2022      1.41           1.37           Missed