Chesapeake Energy (CHK) Q1 Earnings and Revenues Miss Estimates

Chesapeake Energy (CHK) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $1.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.50%. A quarter ago, it was expected that this oil and gas company would post earnings of $0.42 per share when it actually produced earnings of $1.31, delivering a surprise of 211.90%.Over the last four quarter ...