Investing.com - Range Resources (NYSE:RRC) reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Range Resources announced earnings per share of $0.52 on revenue of $302.6M. Analysts polled by Investing.com anticipated EPS of $0.5354 on revenue of $702.36M.
Range Resources shares are up 289.4% from the beginning of the year and are trading at $25.50 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Range Resources shares lost 2.26% in after-hours trade the report.
Range Resources follows other major Energy sector earnings this month
Range Resources's report follows an earnings beat by Schlumberger on Friday, who reported EPS of $0.36 on revenue of $5.85B, compared to forecasts EPS of $0.3568 on revenue of $5.94B.
Valero Energy had beat expectations on Thursday with third quarter EPS of $1.22 on revenue of $29.52B, compared to forecast for EPS of $0.9216 on revenue of $24.97B.
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