Range Resources Corp. (RRC: Quote) reported a net loss for the first quarter of $42 million or $0.26 per share, compared to a net loss of $25 million or $0.16 per share for the year-ago quarter.
Excluding items, adjusted net income for the first quarter was $24 million or $0.15 per share, compared to $35 million or $0.22 per share in the prior year quarter.
Revenues for the first quarter rose 16% to $246.89 million from $212.56 million a year earlier.
Analysts polled by Thomson Reuters expected the company to earn $0.13 per share on revenue of $309.67 million for the first quarter. Analysts' estimates typically exclude special items.
Click here to receive FREE breaking news email alerts for Range Resources Corp. and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org