Cimarex Energy Co. Earnings: Here’s Why Investors are Excited Now

Revenue increased 8.35% from $406.91 million in the previous quarter. EPS increased 16.83% from $1.01 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.2 to a profit $1.07. For the current year, the average estimate has moved down from a profit of $4.15 to a profit of $4.07 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)