Continental Resources (CLR) Misses Q1 EPS by 3c
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After the close, Continental Resources (NYSE: CLR) reported Q1 EPS of $1.47, $0.03 worse than the analyst estimate of $1.50. Revenue for the quarter came in at $972.5 million versus the consensus estimate of $1 billion.
Harold G. Hamm, Chairman and Chief Executive Officer, commented, "2014 is off to a solid start. We battled challenging weather in the quarter, and several pad locations experienced delays getting connected. However, we are very proud of the efforts of the team to stay focused on execution in order to achieve our target of 26% to 32% organic production growth in 2014."
For earnings history and earnings-related data on Continental Resources (CLR) click here.
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