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Crescent Energy Swings to Q1 Loss, Revenue Increases
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Crescent Energy Swings to Q1 Loss, Revenue Increases
May 7, 2024 2:07 AM

04:47 AM EDT, 05/07/2024 (MT Newswires) -- Crescent Energy ( CRGY ) reported a Q1 loss late Monday of $0.25 per diluted share, swinging from earnings of $1.24 a year earlier.

Four analysts polled by Capital IQ expected earnings of $0.15.

Revenue for the quarter ended March 31 was $657.5 million, up from $590.1 million a year earlier.

Analysts polled by Capital IQ expected $585.1 million.

Price: 11.06, Change: +0.28, Percent Change: +2.60

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