FactSet: Analysts Lower EPS Forecast for Range Resources to $3.34 for 2025

Summary

According to the latest FactSet survey, 24 analysts have lowered the median 2025 EPS estimate for Range Resources - Louisiana (RRC-US) from $3.4 to $3.34, with the highest estimate at $4.42 and the lowest at $2.49. The estimated target price is $42.00. The market estimates the median revenue for 2025 to be $3.097 billion, with historical performance showing a 2023 EPS of $3.57.AnueSec

Impact Analysis

The event is at the company level, as it directly pertains to Range Resources’ financial performance projections. The downward revision in EPS estimates may indicate concerns about profitability or operational challenges, potentially influencing investor sentiment negatively. However, the target price of $42.00 suggests analysts still see upside potential. Influencing factors include:

• Historical EPS data, which was $3.57 in 2023, setting a benchmark for performance.AnueSec
• Previous analyst ratings were ‘hold’, with a price target of $38.27, indicating cautious optimism.Trading View
• Broader market influences, such as expected declines in oil prices, which could impact revenue and profitability.Benzinga
  Investors should consider these details when evaluating potential investments in Range Resources, weighing the revised EPS against target price expectations and external market conditions impacting the oil sector.