Earnings Outlook For Range Resources
Portfolio Pulse from Benzinga Insights
Range Resources (NYSE:RRC) is set to release its latest quarterly earnings report on Monday, 2023-07-24. Analysts estimate an earnings per share (EPS) of $0.25. The company's past performance shows a pattern of beating EPS estimates but this has not always led to a positive impact on the share price. Shares of Range Resources were trading at $30.2 as of July 20, with a 52-week return of -5.09%.
July 21, 2023 | 5:01 pm
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Range Resources is expected to report an EPS of $0.25 in its upcoming earnings. Despite past EPS beats, the company's share price has experienced mixed reactions. The stock is currently trading at $30.2, with a 52-week return of -5.09%.
The upcoming earnings report is a significant event for Range Resources. While the company has a history of beating EPS estimates, this has not consistently translated into a positive impact on the share price. Given the current trading price and the negative 52-week return, investors may be cautious.
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IMPORTANCE 80
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