FONT-SIZE Plus   Neg

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 RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Apple Inc. (AAPL) reported its third straight quarter of iPhone sales and revenue declines after the market closed on Tuesday. The tech giant's fourth-quarter profit trumped Wall Street expectations, while revenues fell short. Although, Apple reported its third straight year-over-year decline in iPhone... Buick, Lexus and Toyota are among the top brands with highest reliability rating in the latest annual brand reliability survey. A New York woman has filed a $20 million lawsuit against Kentucky Fried Chicken, accusing the fast-food giant of 'false and deceptive trade practice' and also of misleading customers as she did not get enough chicken in her $20 "Fill-Up."
comments powered by Disqus
Follow RTT