Antero Resources Q3 EPS $0.06 Beats $0.03 Estimate, Sales $1.13B Beat $1.07B Estimate
Portfolio Pulse from Benzinga Newsdesk
Antero Resources (NYSE:AR) reported Q3 earnings of $0.06 per share, beating the analyst consensus estimate of $0.03 by 100%. However, this is a 96.32% decrease from the same period last year. The company also reported quarterly sales of $1.13 billion, beating the estimate of $1.07 billion by 5.25%, but this is a 45.46% decrease from last year.
October 25, 2023 | 8:30 pm
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Antero Resources beat Q3 earnings and sales estimates, but both figures significantly decreased compared to the same period last year.
While Antero Resources beat the estimates, the significant year-over-year decreases in both earnings per share and sales could potentially concern investors, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100