Range Resources (NYSE:RRC) has beaten analyst's estimates in each of the last five quarters and will try to do so again on Tuesday, July 24, 2012.
Analysts currently expect Range Resources to come in with a loss of -1 cents per share on revenues of $321.2 million. Over the past three months, the average estimate has moved down from 9 cents.
Recently, the stock price has been rising Since July 12, 2012 business days the stock has risen $5.29 per share.
Company Fundamental Trends
Analysts are bullish on the stock as 15 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the first quarter, the company's loss widened to a loss of a $41.8 million (26 cents a share) from a loss of $25 million (16 cents) a year earlier, but beat analyst expectations. Revenue rose 40% to $318.2 million from $227.2 million.
Reporting Period: 2Q
Date of Release: Tuesday, July 24, 2012
EPS: -1 cents net oss
Revenue Estimate: $321.2 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)