Range Resources Corporation (NYSE:RRC) an independent natural gas firm, is expected to report second quarter earnings results, after market close, on Monday 3rd August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.16 per share from revenue of $ 432.37 million.
Looking ahead, the full year loss are expected at $ 0.2 per share on the revenues of $ 1953.54 million.
Previous Quarter Performance
Range Resources Corporation announced income for the first quarter of $ 0.04 per share, from the revenue of $ 560.67 million. The quarterly earnings boosted 11.76 percent while revenues compared with the same quarter last year.
The consensus estimates are loss of $ 0.03 per share from $ 558.69 million in revenue. The bottom line results beat street analysts by $ 0.07 or 233.33 percent, at the same time, top line results outshined analysts by $ 1.98 million or 0.35 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Range Resources Corporation
Stock Performance
According to the previous trading day, closing price of RRC was $ 6.46, representing a 301.24 % increase from the 52 week low of $ 1.61 and a 21.7 % decrease over the 52 week high of $ 8.25.
The company has a market capital of $ 1.65 billion and is part of the Energy sector and Oil & Gas E&P industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”RRC” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Analyst recommendations
- On 9th July 2020, upgraded by MKM Partners to Buy from Neutral rating, with $ 9.00 target price.
- On 29th June 2020, maintained by UBS Group at Neutral rating, with $ 6.00 target price.
- On 25th June 2020, initiated by Wells Fargo & Co at Equal-Weight rating, with $ 11.00 target price.
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company. It engages in the exploration, development, and acquisition of natural gas and oil properties. It holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and North Louisiana regions of the United States.
