5 Most Anticipated Earnings to Watch on Monday

4. Range Resources Corporation (NYSE:RRC)

Number of Hedge Fund Holders: 36

Range Resources Corporation (NYSE:RRC) plans to release its second-quarter results after the closing bell on Monday, July 25, 2022. The Texas-based natural gas explorer is expected to earn $1.24 per share on revenue of $935.36 million.

The outlook is significantly higher than the adjusted earnings of 24 cents per share and revenue of $435 million reported by Range Resources Corporation (NYSE:RRC) for the comparable period of 2021.

Earlier this year, investment management firm Aristotle Capital Management also talked about Range Resources Corporation (NYSE:RRC) in its first-quarter 2022 investor letter, stating:

“Range Resources (NYSE:RRC), a natural gas focused exploration and production company with operations in the Appalachian Basin, appreciated due to improved investor sentiment following an uptick in natural gas pricing. We maintain a position, as we believe the company’s low-cost acreage allows it to translate the healthy price environment into earnings and cash flow that is being used to reduce financial leverage, which can accrue additional value to equity shareholders in periods to come.”