Rice Energy (RICE) Misses Q1 EPS by 4c, Raises FY Production Guidance

Rice Energy (NYSE: RICE) reported Q1 EPS of ($0.02), $0.04 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $109 million versus the consensus estimate of $133.15 million.

2015 Production Guidance Update

We are increasing our 2015 annual production guidance to 470 - 490 MMcfe/d, due to accelerated well timing from increased operational efficiencies. We are reaffirming our 2015 capital budget of $890 million including E&P and retained midstream investments.

For earnings history and earnings-related data on Rice Energy (RICE) click here.

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