Alta Mesa Resources (AMR) Tops Q2 EPS by 166c; raises guidance

Alta Mesa Resources (NYSE: AMR) reported Q2 EPS of ($0.38), $1.66 better than the analyst estimate of ($2.04). Revenue for the quarter came in at $548.68 million versus the consensus estimate of $552.15 million.

GUIDANCE

Raises full year guidance range for idle operations expense to $21 million to $29 million, up from previous range of $18 million to $28 million

For earnings history and earnings-related data on Alta Mesa Resources (AMR) click here.

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