Equities analysts expect that Roan Resources, Inc. (NASDAQ:ROAN) will post $0.14 earnings per share for the current quarter, Zacks reports. Two analysts have made estimates for Roan Resources’ earnings, with the highest EPS estimate coming in at $0.14 and the lowest estimate coming in at $0.13. Roan Resources reported earnings per share of $0.21 in the same quarter last year, which suggests a negative year-over-year growth rate of 33.3%. The business is expected to issue its next quarterly earnings report on Monday, November 11th.
According to Zacks, analysts expect that Roan Resources will report full year earnings of $0.49 per share for the current fiscal year, with EPS estimates ranging from $0.47 to $0.51. For the next year, analysts anticipate that the company will report earnings of $0.51 per share, with EPS estimates ranging from $0.37 to $0.64. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Roan Resources.
Roan Resources (NASDAQ:ROAN) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.11 EPS for the quarter, hitting the consensus estimate of $0.11. The business had revenue of $134.17 million for the quarter, compared to the consensus estimate of $108.18 million.
NASDAQ:ROAN traded up $0.07 during mid-day trading on Friday, hitting $1.09. 300,600 shares of the company’s stock were exchanged, compared to its average volume of 682,092. Roan Resources has a one year low of $1.00 and a one year high of $19.05. The company has a fifty day moving average price of $1.30.
About Roan Resources
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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