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Expand Energy: Q2 Earnings Snapshot
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SPRING, Texas (AP) — SPRING, Texas (AP) — Expand Energy Corporation (EXE) on Tuesday reported second-quarter profit of $522 million.

The Spring, Texas-based company said it had net income of $2.19 per share. Earnings, adjusted for non-recurring gains, came to $1.33 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share.

The oil and gas company posted revenue of $2.96 billion in the period. Its adjusted revenue was $1.83 billion, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $2.03 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXE at https://www.zacks.com/ap/EXE

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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