FRISCO, Texas (AP) — FRISCO, Texas (AP) — Comstock Resources Inc. (CRK) on Wednesday reported second-quarter profit of $124.8 million.
The Frisco, Texas-based company said it had net income of 44 cents per share. Earnings, adjusted for non-recurring gains, came to 13 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The oil and gas company posted revenue of $470.3 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $415.3 million.
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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 CRK at https://www.zacks.com/ap/CRK
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