Wall Street analysts expect that Roan Resources, Inc. (NASDAQ:ROAN) will report earnings per share of $0.14 for the current quarter, Zacks reports. Two analysts have provided estimates for Roan Resources’ earnings. The lowest EPS estimate is $0.13 and the highest is $0.14. Roan Resources posted earnings of $0.21 per share in the same quarter last year, which indicates a negative year over year growth rate of 33.3%. The business is expected to issue its next 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 year, with EPS estimates ranging from $0.47 to $0.51. For the next year, analysts forecast that the business will report earnings of $0.51 per share, with EPS estimates ranging from $0.37 to $0.64. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Roan Resources.
Roan Resources (NASDAQ:ROAN) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. The company had revenue of $134.17 million for the quarter, compared to analysts’ expectations 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.
Roan Resources Company Profile
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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