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

Range Resources

24/10/2023 23:45

* Range Resources Corp  RRC.N  reported quarterly adjusted
earnings of 46 cents​​ per share for the quarter ended in
September. The mean expectation of twenty four analysts for the
quarter was for earnings of 35 cents per share.
    * Revenue fell 44.7% to $609.72 million from a year ago;
analysts
expected $603.38 million. 
    * Range Resources Corp's reported EPS for the quarter was 20
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.6%
in the last three months.​ 
    * In the last 30 days, ten analysts negatively revised
earnings
estimates 
    * Range Resources Corp shares had risen by 7.0% this
quarter and
gained 38.6% so far this year.
    * The company reported quarterly net income of $49.43
million.
    * Wall Street's median 12-month price target for Range
Resources
Corp is $37.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 24 at 10:45 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.35           0.46           Beat
 Jun. 30 2023      0.25           0.30           Beat
 Mar. 31 2023      0.82           0.99           Beat
 Dec. 31 2022      1.20           1.30           Beat