Antero Resources: Q3 Earnings Snapshot
By AP News
Published - Oct 30, 2024, 04:42 PM ET
Last Updated - Dec 16, 2024, 05:49 PM EST
DENVER (AP) — DENVER (AP) — Antero Resources Corp. (AR) on Wednesday reported a third-quarter loss of $20.4 million, after reporting a profit in the same period a year earlier.
The Denver-based company said it had a loss of 7 cents per share. Losses, adjusted for non-recurring gains, came to 12 cents per share.
The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.
The oil and natural gas producer posted revenue of $1.06 billion in the period, surpassing Street forecasts. Seven analysts surveyed by Zacks expected $1.04 billion.
