Chesapeake Energy (CHK) Q2 Earnings and Revenues Lag Estimates

Chesapeake Energy (CHK) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of$ 0.02 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this oil and gas company would post earnings of$ 0.64 per share when it actually produced earnings of $0.56, delivering a surprise of -12.50%. Over the last four quarters ...