Range Resources: Q4 Earnings Snapshot
FORT WORTH, Texas (AP) _ Range Resources Corp. (RRC) on Tuesday reported fourth-quarter earnings of $891.4 million.
The Fort Worth, Texas-based company said it had profit of $3.47 per share. Earnings, adjusted for non-recurring gains, were 96 cents per share.
The results fell short of Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share.
The independent oil and gas company posted revenue of $1.57 billion in the period, surpassing Street forecasts. Six analysts surveyed by Zacks expected $972.2 million.
For the year, the company reported profit of $411.8 million, or $1.61 per share. Revenue was reported as $2.93 billion.