ARC Resources Q2 EPS $0.62 Misses $0.74 Estimate, Sales $2.174B Beat $1.756B Estimate
ARC Resources (TSX:ARX) reported quarterly earnings of $0.62 per share which missed the analyst consensus estimate of $0.74 by 16.22 percent. This is a 8.82 percent decrease over earnings of $0.68 per share from the
ARC Resources made less profit per share than experts expected, but sold way more stuff than they thought it would. When a company misses on profits but beats on sales, it hints that costs were higher or something else squeezed their earnings.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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