SPRING, Texas (AP) — SPRING, Texas (AP) — Expand Energy Corporation (EXE) on Tuesday reported third-quarter net income of $519 million.
The Spring, Texas-based company said it had net income of $2.24 per share. Earnings, adjusted for non-recurring gains, came to $1.46 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.
The oil and gas company posted revenue of $3.29 billion in the period. Its adjusted revenue was $1.88 billion, which missed Street forecasts. Five analysts surveyed by Zacks expected $2.06 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
