24.07.2023 22:40:59 - dpa-AFX: Range Resources Corp. Q2 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - Range Resources Corp. (RRC) announced a profit for
second quarter that decreased from last year but beat the Street estimates.

The company's bottom line came in at $30.23 million, or $0.12 per share. This
compares with $452.86 million, or $1.77 per share, in last year's second
quarter.

Excluding items, Range Resources Corp. reported adjusted earnings of $71.76
million or $0.30 per share for the period.

Analysts on average had expected the company to earn $0.24 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 48.2% to $636.98 million from $1.23
billion last year.

Range Resources Corp. earnings at a glance (GAAP) :

-Earnings (Q2): $30.23 Mln. vs. $452.86 Mln. last year.
-EPS (Q2): $0.12 vs. $1.77 last year.
-Analyst Estimates: $0.24
-Revenue (Q2): $636.98 Mln vs. $1.23 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
RANGE RES CORP. DL-,01 867939 Frankfurt 33,610 14.06.24 08:07:51 -0,490 -1,44% 0,000 0,000 33,610 34,100

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