Coterra Energy (CTRA) Q2 Earnings and Revenues Miss Estimates

Coterra Energy (CTRA) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -7.50%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $0.41 per share when it actually produced earnings of $0.51, delivering a surprise of 24.39%. Over the last fo ...