Comstock Resources (CRK) Q1 Earnings and Revenues Surpass Estimates

Comstock Resources (CRK) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of$ 0.16 per share. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this oil and gas company would post earnings of$ 0.02 per share when it actually produced earnings of $0.16, delivering a surprise of 700%.Over the last four quarters, the ...