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Range Resources (RRC) Update - April 18

Posted: Thu Apr 18, 2019 5:16 pm
by dan_s
Zacks Equity Research
,Zacks•April 17, 2019
We expect Range Resources Corporation RRC to beat expectations when it reports first-quarter 2019 results after the closing bell on Apr 22.

In the preceding three-month period, the company delivered a positive earnings surprise of 16.7% on the back of higher price realizations. On a further encouraging note, the company delivered average positive earnings surprise of 40.3% in the trailing four quarters.

RRC is going to be the first Sweet 16 company to release Q1 results.