| Carrizo reports 3Q loss | |
| | |
|
HOUSTON (AP) _ Carrizo Oil & Gas Inc. (CRZO) on Wednesday reported a third-quarter loss of $707.6 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Houston-based company said it had a loss of $13.73. Earnings, adjusted for one-time gains and costs, came to 20 cents per share.
The results exceeded Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.
The energy company posted revenue of $154 million in the period, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $141.8 million.
Carrizo shares have declined roughly 6 percent since the beginning of the year. The stock has decreased 23 percent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRZO at http://www.zacks.com/ap/CRZO
_____
Keywords: Carrizo Oil, Earnings Report
|
|
|
Carrizo Oil & Gas Inc.
|
|
|
CODE : CRZO |
ISIN : US1445771033 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Carrizo Oil & Gas is a oil development stage company based in United states of america. Carrizo Oil & Gas is listed in Germany and in United States of America. Its market capitalisation is US$ 637.9 millions as of today (€ 575.9 millions). Its stock quote reached its lowest recent point on December 31, 1999 at US$ 1.00, and its highest recent level on July 12, 2019 at US$ 10.00. Carrizo Oil & Gas has 81 469 593 shares outstanding. |