WASHINGTON (dpa-AFX) - Range Resources Corp. (RRC) revealed earnings for its third quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $50.66 million, or $0.21 per share. This compares with $49.43 million, or $0.20 per share, in last year's third quarter.
Excluding items, Range Resources Corp. reported adjusted earnings of $117.03 million or $0.48 per share for the period.
Analysts on average had expected the company to earn $0.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 0.9% to $615.03 million from $609.72 million last year.
Range Resources Corp. earnings at a glance (GAAP) :
-Earnings (Q3): $50.66 Mln. vs. $49.43 Mln. last year. -EPS (Q3): $0.21 vs. $0.20 last year. -Revenue (Q3): $615.03 Mln vs. $609.72 Mln last year.
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