Comstock Q4 EPS Beats by 48%, Revenue Soars 115% to $790M
Comstock posted Q4 adjusted EPS of $0.16, beating estimates by $0.05 (+48%), matching prior-year earnings. Revenues jumped to $789.8 million, up 115% year-over-year and 69% above consensus forecasts.
1. Q4 Financial Highlights
Comstock delivered an adjusted Q4 EPS of $0.16 per share, surpassing the consensus estimate by 48% and matching the $0.16 reported a year ago.
2. Revenue Surge
Fourth-quarter revenue reached $789.8 million, a 115% increase from $366.5 million in the year-ago quarter, exceeding forecasts by 68.8% on higher production and commodity prices.
3. Outlook and Share Performance
Analyst consensus for Q1 projects $0.16 EPS on $499.8 million revenue and full-year revenue of $2.08 billion; shares have declined 11.9% year-to-date, underperforming the broader market.
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Sources
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