Oil exploration and production company Rosetta Resources Inc (ROSE), Monday reported fourth-quarter net income of $32.2 million or $0.61 per share, compared to net loss of $1.4 million, or $0.02 per share in the same period last year.
On average, analysts polled by Thomson Reuters expected earnings of $0.75 per share for the quarter. Analysts' estimates typically exclude one-time items.
Fourth quarter earnings were impacted by $0.17 due to higher stock-based compensation expense primarily reflecting increases in the company's share price.
The growth in net income is primarily due to higher realized prices, increased production and a more favorable product mix.
Revenues for the fourth quarter were $136.3 million compared to $89.4 million in the same period last year. Wall Street analysts on a consensus estimated revenues of $127.41 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.