Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

EXCO Resources Q4 Loss Widens - Quick Facts

RELATED NEWS
Trade XCO now with 
2/23/2012 5:42 PM ET

EXCO Resources Inc. (XCO: Quote) reported fourth-quarter net loss of $166.65 million or $0.78 per share, wider than $72.85 million or $0.34 per share in the prior year quarter.

Adjusted net income for the quarter was $19.2 million or $0.09 per share, down from $24.3 million or $0.11 per share in the comparable quarter last year. On average, 15 analysts polled by Thomson Reuters expected earnings of $0.17 per share for the quarter. Analysts' estimates typically exclude one-time items.

Oil and natural gas revenues for the quarter was $178.87 million, compared to $134.90 million last year, while nine analysts estimated revenues of $225.49 million for the quarter.

Click here to receive FREE breaking news email alerts for EXCO RESOURCES INC and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Stocks moved mostly lower during trading on Wednesday, giving back some ground after trending higher over the past several sessions. Selling pressure was relatively subdued, however, limiting the downside for the markets. The major averages all closed in the red, although the tech-heavy Nasdaq underperformed its counterparts by a wide margin. Russian Foreign Minister Sergei Lavrov warned Wednesday that Moscow would retaliate strongly if its "interests" in Ukraine are attacked. He also criticized the Ukrainian administration for relaunching its so-called anti-terrorist operation in the east of the country a day earlier. Lavrov's remarks came in an interview with Russia Today, which published excerpts of the English-language interview to While selling pressure has remained relatively subdued, stocks continue to see modest weakness in mid-day trading on Wednesday. The losses on the day come on the heels of the upward trend seen over the past several sessions. The major averages have moved roughly sideways in recent trading, lingering in the red.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.