Range Resources (RRC) Tops Q3 Earnings and Revenue Estimates

Core Insights - Range Resources (RRC) reported quarterly earnings of $0.57 per share, exceeding the Zacks Consensus Estimate of $0.50 per share, and showing an increase from $0.48 per share a year ago, resulting in an earnings surprise of +14.00% [1] - The company achieved revenues of $717.62 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.90% and up from $680.17 million year-over-year [2] - Range Resources has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.69 on revenues of $762.2 million, while for the current fiscal year, the estimate is $2.76 on revenues of $3.02 billion [7] - The company's earnings outlook is crucial for investors, as it reflects current consensus expectations and any recent changes in those expectations [4] Stock Performance - Range Resources shares have increased by approximately 3.8% since the beginning of the year, in contrast to the S&P 500's gain of 16.9%, indicating underperformance relative to the broader market [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting it is expected to underperform the market in the near future due to unfavorable estimate revisions prior to the earnings release [6] Industry Context - The Oil and Gas - Exploration and Production - United States industry is currently ranked in the bottom 19% of over 250 Zacks industries, which may negatively impact the performance of stocks within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, highlighting the importance of monitoring these revisions for investment decisions [5]