Expand Energy: Q2 Earnings Snapshot

OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — Expand Energy Corporation (EXE) on Tuesday reported second-quarter earnings of $968 million.

On a per-share basis, the Oklahoma City-based company said it had net income of $4.02. Earnings, adjusted for non-recurring gains, were $1.10 per share.

The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.

The oil and gas company posted revenue of $3.69 billion in the period. Its adjusted revenue was $2.02 billion, also missing Street forecasts. Four analysts surveyed by Zacks expected $2.1 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXE at https://www.zacks.com/ap/EXE