Comstock: Q2 Earnings Snapshot

Associated Press Finance
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FRISCO, Texas (AP) — FRISCO, Texas (AP) — Comstock Resources Inc. (CRK) on Monday reported a loss of $45.7 million in its second quarter.

On a per-share basis, the Frisco, Texas-based company said it had a loss of 17 cents. Earnings, adjusted for non-recurring costs, came to less than 1 cent on a per-share basis.

The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.

The oil and gas company posted revenue of $288.2 million in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $330.8 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRK at https://www.zacks.com/ap/CRK

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