Comstock Resources Inc expected to post a loss of 7 cents a share - Earnings Preview

Reuters04-30

* Comstock Resources Inc is expected to show a fall in quarterly revenue when it reports results on May 1 for the period ending March 31 2024

* The Frisco Texas-based company is expected to report a 28.3% decrease in revenue to $351.258 million from $489.58 million a year ago, according to the mean estimate from 10 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Comstock Resources Inc is for a loss of 7 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell."

* The mean earnings estimate of analysts had fallen by about 2.2% in the last three months. ​

* Wall Street's median 12-month price target for Comstock Resources Inc is $9.00​, below​ its last closing price of $10.39. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 0.11 0.13 0.10 Missed -20.5

Sep. 30 0001 0.05 0.05 0.04 Missed -15.3

Jun. 30 2023 0.06 0.05 0.00 Missed -100​

Mar. 31 2023 0.36 0.35 0.33 Missed -4.4

​​Dec. 0.81 0.84 1.05 Beat 25.2

31 2022

Sep. 30 2022 1.18 1.17 1.18 Beat 0.8​

Jun. 30 2022 0.97 0.95 1.00 Beat 5.4

Mar. 31 2022 0.52 0.50 0.51 Beat 2.5

This summary was machine generated April 30 at 00:28 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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