Antero Resources Corp reports results for the quarter ended June 30 - Earnings Summary

• Antero Resources Corp AR reported quarterly adjusted earnings of 35 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -19 cents. The mean expectation of twenty analysts for the quarter was for earnings of 44 cents per share. Wall Street expected results to range from 28 cents to 63 cents per share.

• Revenue rose 27.1% to $1.24 billion from a year ago; analysts expected $1.24 billion.

• Antero Resources Corp's reported EPS for the quarter was 50 cents​.

• The company reported quarterly net income of $156.59 million.

• Antero Resources Corp shares had fallen by 16.3% this quarter and lost 3.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 33.6% in the last three months.​

• In the last 30 days, fourteen analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

• Wall Street's median 12-month price target for Antero Resources Corp is $46.00, about 26.5% above its last closing price of $33.82

This summary was machine generated from LSEG data July 30 at 11:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)