21.02.2024 22:46:37 - dpa-AFX: Range Resources Corp. Q4 Profit Decreases, but beats estimates

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

The company's bottom line came in at $310.0 million, or $1.27 per share. This
compares with $814.2 million, or $3.31 per share, in last year's fourth quarter.

Excluding items, Range Resources Corp. reported adjusted earnings of $153.2
million or $0.63 per share for the period.

Analysts on average had expected the company to earn $0.48 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 42.2% to $941.4 million from $1.63
billion last year.

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

-Earnings (Q4): $310.0 Mln. vs. $814.2 Mln. last year.
-EPS (Q4): $1.27 vs. $3.31 last year.
-Analyst Estimates: $0.48
-Revenue (Q4): $941.4 Mln vs. $1.63 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 34,370 03.06.24 10:50:44 +0,820 +2,44% 33,900 34,400 33,850 33,550

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