Range Resources Corp reports results for the quarter ended June 30 - Earnings Summary
Range Resources Corp reports results for the quarter ended June 30 - Earnings Summary
Range Resources Corp RRC.N reported quarterly adjusted earnings of 79 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 66 cents. The mean expectation of twenty one analysts for the quarter was for earnings of 64 cents per share. Wall Street expected results to range from 43 cents to 86 cents per share.
Revenue rose 5.3% to $702.09 million from a year ago; analysts expected $739.78 million.
Range Resources Corp's reported EPS for the quarter was 83 cents.
The company reported quarterly net income of $195.32 million.
Range Resources Corp shares had fallen by 1.4% this quarter and gained 4.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 16% in the last three months.
In the last 30 days, thirteen analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 16 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is "buy."
Wall Street's median 12-month price target for Range Resources Corp is $45.50, about 17% above its last closing price of $37.75
This summary was machine generated from LSEG data July 21 at 09:01 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.64 | 0.79 | Beat |
Mar. 31 2026 | 1.26 | 1.52 | Beat |
Dec. 31 2025 | 0.73 | 0.82 | Beat |
Sep. 30 2025 | 0.60 | 0.57 | Missed |
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Range Resources Corp reports results for the quarter ended June 30 - Earnings Summary
Range Resources Q2 adjusted EPS beats estimates on record NGL pricing premium