Range Resources Revenue, Profits - RRC Quarterly Income Statement
Financial analysis of Range Resources involves more than just checking the Range Resources stock price, by looking at the financial statements of the company in detail. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. Like any other income statement, the RRC income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a QoQ revenue growth of 9.36% when compared to the same period in the past. Along with Range Resources assets and Range Resources free cash flow, Range Resources profits as shown in profit and loss statement give key insights about the business. The net profit for 2018 Q1 is $49.24M and the 2018 Q1 revenue is $742.6M.
View and download details of revenue and profits for Range Resources for latest & last 40 quarters.| Fiscal year is Jan - Dec | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 |
Range Resources Revenues or Net Sales | 742.6M | 679.03M | 482.23M | 673.11M | 776.66M | 253.52M | 413.21M | 101.8M | 331.41M | 410.73M |
| Cost Of Goods Sold (COGS) | 346.06M | 297.25M | 311.07M | 293.36M | 267.72M | 254.78M | 212.71M | 205.22M | 190.78M | 181.08M |
Range Resources Gross Profit | 396.53M | 381.8M | 171.15M | 379.74M | 508.93M | -1.25M | 200.49M | -103.42M | 140.62M | 227.61M |
| Research & Development Expense | - | - | - | - | - | - | - | - | - | - |
| Selling General & Admin Expense | 78.22M | 77.97M | 119.45M | 47.72M | 47.68M | 95.02M | 36.24M | 77.86M | 62.76M | 126.61M |
| Income Before Depreciation Depletion Amortization | 318.31M | 303.85M | 51.7M | 332.01M | 461.24M | -96.26M | 164.25M | -181.29M | 77.86M | 101.01M |
| Depreciation Depletion Amortization | 162.26M | 162.93M | 159.74M | 152.5M | 149.82M | 149.67M | 131.48M | 122.39M | 120.56M | 127.98M |
| Non Operating Income | -11.75M | -217.34M | -42.46M | -4.38M | 18.18M | 36.39M | -42.47M | -12.98M | -55.31M | -418.29M |
| Interest Expense | 52.38M | 51.48M | 49.17M | 47.92M | 47.1M | 46.77M | 45.96M | 37.75M | 37.73M | 40.86M |
Range Resources Pretax Income | 91.91M | -127.89M | -199.69M | 127.2M | 282.5M | -256.3M | -55.67M | -354.42M | -135.74M | -486.13M |
| Provision for Income Taxes | 42.67M | -349.07M | -71.99M | 57.65M | 112.39M | -93.54M | -13.7M | -129.48M | -44.03M | -164.28M |
| MinorityInterest | - | - | - | - | - | - | - | - | - | - |
| Investment Gains Losses | - | - | - | - | - | - | - | - | - | - |
| Other Income | - | - | - | - | - | - | - | - | - | - |
| Income Before Extraordinaries & Disc Operations | 49.24M | 221.19M | -127.7M | 69.55M | 170.11M | -160.71M | -41.97M | -224.94M | -91.71M | -321.83M |
| Extraordinary Items & Discontinued Operations | - | - | - | - | - | - | - | - | - | - |
Range Resources Profit/ Loss (Net Income) | 49.24M | 221.19M | -127.7M | 69.55M | 170.11M | -160.71M | -41.97M | -224.94M | -91.71M | -321.83M |
| Average Shares used to compute Diluted EPS | 246.59M | 245.54M | 245.24M | 245.34M | 244.8M | 244.36M | 180.68M | 167.13M | 166.8M | 166.57M |
| Average Shares used to compute Basic EPS | 245.71M | 245.28M | 245.24M | 245.18M | 244.65M | 244.36M | 180.68M | 167.13M | 166.8M | 166.57M |
| Income Before Nonrecurring Items | 112.58M | 54.6M | 11.63M | 69.55M | 170.11M | -160.71M | -41.97M | -34.22M | -35.96M | -321.83M |
| Income from Nonrecurring Items | -63.35M | 166.59M | -139.33M | - | - | - | - | -190.71M | -55.75M | - |
Range Resources Earnings Per Share Basic Net | 0.20 | 0.89 | -0.52 | 0.28 | 0.69 | -0.66 | -0.23 | -1.35 | -0.55 | -1.93 |
Range Resources Earnings Per Share Diluted Net | 0.20 | 0.89 | -0.52 | 0.28 | 0.69 | -0.66 | -0.23 | -1.35 | -0.55 | -1.93 |
| EPS Diluted Before Nonrecurring Items | 0.46 | 0.22 | 0.05 | 0.28 | 0.69 | -0.66 | -0.23 | -0.21 | -0.22 | -1.93 |
| Preferred Dividends Acc Pd | - | - | - | - | - | - | - | - | - | - |
| Dividends Common | 4.98 | 4.96 | - | - | - | - | - | - | - | - |
| Dividend Per Share Common | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.04 |
Before investing one should read a report on Range Resources stock analysis. It helps to look at the following income statement items:
- Topline: A growing topline, as seen from the Range Resources revenue chart, as is the case with Range Resources indicates a growing business. One needs to compare the QoQ topline or sales growth of RRC stock with its peers like CHK stock and PDCE stock to see if the growth compares well with what can be expected from a company in that industry.
- Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. RRC stock had a poor bottom line growth.
The income statement is also called the profit and loss statement. Apart from the RRC income statement, one can check the Range Resources historical stock prices to check how the price has moved with time.