Roan Resources (ROAN) Scheduled to Post Quarterly Earnings on Wednesday

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Roan Resources (OTCMKTS:ROAN) is set to issue its quarterly earnings data after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.13 per share for the quarter.

Roan Resources (OTCMKTS:ROAN) last released its quarterly earnings data on Tuesday, May 14th. The company reported $0.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.05). The business had revenue of $14.90 million for the quarter, compared to analyst estimates of $114.68 million.

ROAN stock opened at $1.07 on Tuesday. Roan Resources has a 52 week low of $1.02 and a 52 week high of $19.45. The company’s fifty day simple moving average is $1.41.

Separately, Zacks Investment Research lowered shares of Roan Resources from a “hold” rating to a “sell” rating in a research report on Tuesday, July 30th.

Roan Resources Company Profile

Linn Energy, Inc, through its equity interest in Roan Resources LLC, 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.

See Also: Beige Book

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