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Bill Barrett Corporation
NYSE BBG 4,84 US$ -5,65%
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Bill Barrett reports 4Q loss

Publié le 28 février 2018

DENVER (AP) _ Bill Barrett Corp. (BBG) on Tuesday reported a loss of $77.8 million in its fourth quarter.

On a per-share basis, the Denver-based company said it had a loss of 94 cents. Earnings, adjusted for non-recurring costs, were 1 cent per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.

The oil and gas company posted revenue of $83.4 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $82.2 million.

For the year, the company reported that its loss narrowed to $138.2 million, or $1.80 per share. Revenue was reported as $252.8 million.

Bill Barrett shares have risen 1 percent since the beginning of the year. The stock has dropped 7.5 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBG at https://www.zacks.com/ap/BBG

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