U.S. Markets open in 54 mins

Exco posts 1Q profit

DALLAS (AP) _ Exco Resources Inc. (XCO) on Tuesday reported first-quarter net income of $8.2 million, after reporting a loss in the same period a year earlier.

The Dallas-based company said it had profit of 3 cents per share. Losses, adjusted for non-recurring gains, were 2 cents per share.

The oil and natural gas company posted revenue of $76.5 million in the period.

In the final minutes of trading on Tuesday, the company's shares hit 42 cents. A year ago, they were trading at $1.75.


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


Keywords: Exco Resources, Earnings Report