Range Resources Q2 2024 Adj EPS $0.46 Beats $0.42 Estimate, Adj Sales $641.292M Beat $602.417M Estimate
Portfolio Pulse from Benzinga Newsdesk
Range Resources (NYSE:RRC) reported Q2 2024 adjusted EPS of $0.46, beating the $0.42 estimate and showing a 53.33% increase from last year. Adjusted sales were $641.292M, surpassing the $602.417M estimate and marking an 8.73% increase from the previous year.
July 23, 2024 | 8:13 pm
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Range Resources reported strong Q2 2024 results with EPS and adjusted sales beating estimates. EPS increased by 53.33% YoY and sales by 8.73% YoY.
The strong earnings and sales performance, both beating analyst estimates, indicate positive financial health and growth for Range Resources. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100