Antero Resources (AR) Q4 Earnings Beat on Higher Production
Antero Resources(AR) Zacks Investment Research·2024-02-15 17:26
Antero Resources Corporation (AR) reported fourth-quarter 2023 adjusted earnings of 22 cents per share, which beat the Zacks Consensus Estimate of 18 cents. However, the bottom line significantly declined from the year-ago quarter’s $1.04.Total quarterly revenues of $1.19 billion surpassed the Zacks Consensus Estimate of $1.17 billion. The top line decreased from the year-ago quarter’s $2.1 billion.Better-than-expected quarterly earnings can be primarily attributed to higher production volumes, driven by s ...