Comstock Resources Incexpected to post a loss of 16 cents a share - Earnings Preview

• Comstock Resources Inc (CRK.N) (CRK) is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2024

• The Frisco Texas-based company is expected to report a 2.9% increase in revenue to $296.692 million from $288.21 million a year ago, according to the mean estimate from 9 analysts, based on LSEG data. (“Majority is on Total Revenue basis”, Quarters may not add up to annuals due to difference in broker actual.)

• ​LSEG’s mean analyst estimate for Comstock Resources Inc is for a loss of 16 cents per share.

• The current average analyst rating on the shares is “hold” and the breakdown of recommendations is no “strong buy” or “buy,” 11 “hold” and 2 “sell” or “strong sell.”

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street’s median 12-month price target for Comstock Resources Inc is $10.00​, below​ its last closing price of $10.40. ​​​ The company’s guidance on May 2 2024 for the period ended June 30 was for Capital Expenditures between USD200 million and USD250 million. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Mar. 31 2024 -0.07 -0.07 -0.03 Beat 57.7

Dec. 31 2024 0.11 0.13 0.10 Missed -20.5

Sep. 30 2023 0.05 0.05 0.04 Missed -15.3​

Jun. 30 2023 0.06 0.05 0.00 Missed -100

​​Mar. 0.36 0.35 0.33 Missed -4.4

31 2023

Dec. 31 2022 0.81 0.84 1.05 Beat 25.2​

Sep. 30 2022 1.18 1.17 1.18 Beat 0.8

Jun. 30 2022 0.97 1.00 5.4

This summary was machine generated July 27 at 00:20 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)