$0.18 EPS Expected for Roan Resources, Inc. (ROAN) This Quarter

Wall Street brokerages predict that Roan Resources, Inc. (NASDAQ:ROAN) will post earnings of $0.18 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Roan Resources’ earnings, with estimates ranging from $0.09 to $0.26. The firm is expected to issue its next earnings results on Monday, June 17th.

According to Zacks, analysts expect that Roan Resources will report full year earnings of $0.95 per share for the current fiscal year, with EPS estimates ranging from $0.70 to $1.19. For the next fiscal year, analysts expect that the firm will post earnings of $1.23 per share, with EPS estimates ranging from $0.94 to $1.40. Zacks’ EPS averages are a mean average based on a survey of research firms that cover Roan Resources.

Roan Resources (NASDAQ:ROAN) last released its earnings results on Monday, March 18th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.07). The firm had revenue of $307.05 million for the quarter, compared to analysts’ expectations of $143.00 million.

Several equities analysts have recently commented on ROAN shares. Imperial Capital reissued an “outperform” rating on shares of Roan Resources in a report on Thursday, April 4th. Ifs Securities reissued a “market perform” rating on shares of Roan Resources in a report on Sunday, February 3rd.

Shares of ROAN stock traded down $0.27 during mid-day trading on Tuesday, hitting $4.85. The company had a trading volume of 542,478 shares, compared to its average volume of 201,581. Roan Resources has a 52-week low of $4.95 and a 52-week high of $19.82.

About Roan Resources

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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