Magnum Hunter Resources and 4 Stocks Heading in Different Directions After Earnings
Magnum Hunter Resources Corporation (NYSE:MHR) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased to $-0.18 in the quarter versus EPS of $-0.04 in the year-earlier quarter. Revenue Rose 39.3% to $84 million from the year-earlier quarter.
Magnum Hunter Resources Corporation reported adjusted EPS loss of $0.18 per share. By that measure, the company missed the mean analyst estimate of $-0.12. It missed the average revenue estimate of $92.16 million.