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Range Resources Q1 profit decreased from last year but exceeded estimates at $92.14mn ($0.38/share), with revenue falling 45.8% to $645.37mn.
Range Resources Corp. (RRC) reported a Q1 profit that decreased from last year but exceeded estimates at $92.14mn ($0.38/share), vs $481.45mn ($1.95/share) in 2021.
Excluding items, adjusted earnings were $166.92mn ($0.69/share).
Revenue fell 45.8% to $645.37mn from $1.19bn.
Despite this, the company's earnings surpassed Wall Street's average expectation of $0.57/share.
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Las ganancias del primer trimestre de Range Resources disminuyeron con respecto al año pasado, pero superaron las estimaciones de 92,14 millones de dólares (0,38 dólares/acción), y los ingresos cayeron un 45,8 % hasta 645,37 millones de dólares.