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Cimarex Energy Co. Q2 adjusted earnings Miss Estimates


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(RTTNews.com) - Cimarex Energy Co. (XEC) revealed a profit for its second quarter that rose from last year.

The company's profit came in at $141.00 million, or $1.48 per share. This compares with $97.26 million, or $1.06 per share, in last year's second quarter.

Excluding items, Cimarex Energy Co. reported adjusted earnings of $151.91 million or $1.59 per share for the period.

Analysts had expected the company to earn $1.63 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 21.9% to $556.27 million from $456.45 million last year.

Cimarex Energy Co. earnings at a glance:


-Earnings (Q2): $151.91 Mln. vs. $101.01 Mln. last year.
-EPS (Q2): $1.59 vs. $1.06 last year.
-Analysts Estimate: $1.63
-Revenue (Q2): $556.27 Mln vs. $456.45 Mln last year.


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This article appears in: Fundamental Analysis , World Markets , Stocks , Oil , Earnings
Referenced Symbols: TRI ,



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