Recap: Ranger Oil Q2 Earnings


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Ranger Oil (NASDAQ:ROCC) reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Ranger Oil beat estimated earnings by 114.56%, reporting an EPS of $5.6 versus an estimate of $2.61.

Revenue was up $189.79 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $2.39 which was followed by a 2.59% drop in the share price the next day.

Here's a look at Ranger Oil's past performance:

QuarterQ1 2022Q4 2021Q3 2021Q2 2021
EPS Estimate2.291.701.190.84
EPS Actual4.681.731.151.05
Revenue Estimate209.23M190.00M122.32M104.80M
Revenue Actual256.45M225.18M141.06M124.70M

To track all earnings releases for Ranger Oil visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: EarningsBZI-Recaps