Comstock Resources Q2 Sales $288.21M Miss $330.76M Estimate
Portfolio Pulse from totan@benzinga.com
Comstock Resources (NYSE:CRK) reported Q2 sales of $288.21 million, missing the analyst consensus estimate of $330.76 million by 12.86 percent. This represents a 66.54 percent decrease from the same period last year.
July 31, 2023 | 8:39 pm
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NEGATIVE IMPACT
Comstock Resources' Q2 sales missed estimates and decreased significantly YoY, which could negatively impact its stock price.
Comstock Resources' Q2 sales fell short of analyst estimates and also decreased significantly compared to the same period last year. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100