Range Resources Q3 2024 Adj. EPS $0.48 Beats $0.40 Estimate, Sales $680.174M Beat $613.329M Estimate
Portfolio Pulse from Benzinga Newsdesk
Range Resources (NYSE:RRC) reported Q3 2024 earnings per share of $0.48, surpassing the analyst estimate of $0.40 by 20%. The company's sales were $680.174 million, exceeding the expected $613.329 million by 10.90% and marking a 4.84% increase from the previous year.
October 22, 2024 | 8:24 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Range Resources reported Q3 2024 earnings of $0.48 per share, beating estimates by 20%. Sales also exceeded expectations, reaching $680.174 million, a 10.90% beat and a 4.84% increase from last year.
The significant beat on both EPS and sales suggests strong operational performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100