logo
Plus   Neg
Share
Email

EXCO Resources Q4 Loss Widens - Quick Facts

EXCO Resources Inc. (XCO) 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.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
In a signing ceremony for a bill rolling back regulations on small and medium-sized banks, President Donald Trump suggested Thursday he would also consider cutting regulations on larger financial institutions. Trump claimed complex and costly regulations implemented following the 2008 financial crisis... Shares of Hong Kong-listed Samsonite International S.A., the world's biggest luggage maker, tumbled almost 10 percent in Thursday's trading after a short seller issued a report saying that the company suffered from questionable accounting practices and poor corporate governance. Trading in Samsonite's shares were halted after the report was released. In a move likely to add to concerns about the possibility of a global trade war, the Commerce Department has initiated an investigation into whether imports of automobiles and parts threaten to impair U.S. national security. Commerce Secretary Wilbur Ross launched the investigation under Section 232...
Follow RTT