Comstock Resources (CRK) Q4 Earnings Top Estimates

Comstock Resources (CRK) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 700%. A quarter ago, it was expected that this oil and gas company would post a loss of $0.16 per share when it actually produced a loss of $0.17, delivering a surprise of -6.25%.Over the last four quarters, the ...