Antero Resources Corp reports results for the quarter ended March 31 - Earnings Summary

• Antero Resources Corp AR.N reported quarterly adjusted earnings of 78 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of twenty one analysts for the quarter was for earnings of 84 cents per share. Wall Street expected results to range from 53 cents to $1.20 per share.

• Revenue rose 21.6% to $1.35 billion from a year ago; analysts expected $1.39 billion.

• Antero Resources Corp's reported EPS for the quarter was 66 cents​.

• The company reported quarterly net income of $207.97 million.

• Antero Resources Corp shares had fallen by 10.5% this quarter and gained 3.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 8.4% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 8 "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 $45.50

This summary was machine generated from LSEG data April 30 at 11:00 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)