Brokerages Expect Roan Resources, Inc. (ROAN) to Announce $0.18 Earnings Per Share
Wall Street brokerages expect Roan Resources, Inc. (NASDAQ:ROAN) to report earnings of $0.18 per share for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Roan Resources’ earnings. The highest EPS estimate is $0.26 and the lowest is $0.09. The firm is expected to report its next quarterly earnings results after the market closes on Tuesday, May 14th.
On average, analysts expect that Roan Resources will report full-year earnings of $0.95 per share for the current financial year, with EPS estimates ranging from $0.70 to $1.19. For the next financial year, analysts anticipate that the firm will report earnings of $1.23 per share, with EPS estimates ranging from $0.94 to $1.40. Zacks’ EPS calculations are an average based on a survey of research analysts that cover Roan Resources.
Roan Resources (NASDAQ:ROAN) last released its quarterly earnings data on Monday, March 18th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.07). The firm had revenue of $307.05 million during the quarter, compared to analyst estimates of $143.00 million.
Shares of Roan Resources stock traded up $0.31 during midday trading on Tuesday, hitting $4.43. The company’s stock had a trading volume of 866,090 shares, compared to its average volume of 230,736. Roan Resources has a 1-year low of $3.66 and a 1-year high of $19.82.
Roan Resources Company Profile
Roan Resources, Inc, an independent oil and natural gas company, engages in the acquisition, exploration, and development of unconventional oil and natural gas reserves. It holds interests in various assets that cover approximately 150,000 net acres located in Merge, SCOOP, and STACK plays of the Anadarko Basin in Oklahoma.
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