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Antero Resources: Q3 Earnings Snapshot
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DENVER (AP) — DENVER (AP) — Antero Resources Corp. (AR) on Wednesday reported third-quarter profit of $367.1 million.

The Denver-based company said it had net income of $1.19 per share. Earnings, adjusted for non-recurring gains, were 83 cents per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share.

The oil and natural gas producer posted revenue of $1.56 billion in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $1.59 billion.

Antero Resources shares have risen 22% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $42.11, a rise of 32% in the last 12 months.

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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 AR at https://www.zacks.com/ap/AR

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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