QEP Resources Inc. (QEP) Tuesday reported first-quarter net loss attributable to the company of $4.3 million or $0.02 per share, compared to a net income of $155.2 million or $0.87 per share last year.
Adjusted income attributable to the company dropped to $49.4 million or $0.28 per share from $78.1 million or $0.44 per share in the prior-year quarter. On average, 18 analysts polled by Thomson Reuters expected the company to earn $0.30 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the latest first quarter rose to $996.5 million from $603.2 million in the year-ago quarter, while nine analysts had a consensus revenue estimate of $712.30 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.