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Crescent Energy: Q3 Earnings Snapshot
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HOUSTON (AP) — HOUSTON (AP) — Crescent Energy Company (CRGY) on Monday reported a loss of $2.2 million in its third quarter.

The Houston-based company said it had a loss of 1 cent per share. Earnings, adjusted for one-time gains and costs, were 77 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share.

The oil and gas company posted revenue of $1.35 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $1.15 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 CRGY at https://www.zacks.com/ap/CRGY

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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