Range Resources Corp reports results for the quarter ended June 30 - Earnings Summary

• Range Resources Corp RRC reported quarterly adjusted earnings of 66 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 46 cents. The mean expectation of twenty three analysts for the quarter was for earnings of 63 cents per share. Wall Street expected results to range from 45 cents to 82 cents per share.

• Revenue rose 39.3% to $666.64 million from a year ago; analysts expected $713.52 million.

• Range Resources Corp's reported EPS for the quarter was 99 cents​.

• The company reported quarterly net income of $237.58 million.

• Range Resources Corp shares had fallen by 13.2% this quarter and lost 1.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 13.1% in the last three months.​

• In the last 30 days, thirteen analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 16 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

• Wall Street's median 12-month price target for Range Resources Corp is $44.00, about 19% above its last closing price of $35.65

This summary was machine generated from LSEG data July 22 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)