Comstock Resources (CRK) Reports Q1 Loss, Misses Revenue Estimates

Comstock Resources (CRK) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of$ 0.08. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 62.50%. A quarter ago, it was expected that this oil and gas company would post earnings of$ 0.16 per share when it actually produced earnings of $0.10, delivering a surprise of -37.50%.Over the last four quarters, t ...