Chesapeake Energy Corp. (CHK) Tops Q1 EPS by 11c; Boosts FY14 Outlook

Chesapeake Energy Corp. (NYSE: CHK) reported Q1 EPS of $0.59, $0.11 better than the analyst estimate of $0.48. Revenue for the quarter came in at $5.05 billion versus the consensus estimate of $4.52 billion.

Outlook

• 2014 full-year adjusted production growth outlook increased to 9 – 12% from 8 – 10%
• 2014 full-year operating cash flow outlook raised to $5.8 – $6.0 billion from $5.1 – $5.3 billion

For earnings history and earnings-related data on Chesapeake Energy Corp. (CHK) click here.

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