Range Resources Corp reports results on Tuesday 27 October, after the market closes. Sales are still rising, just more slowly than before. Revenue over the twelve months to Q2 2026 was $3.4 billion, which rose 23.2% on the year before.

Range Resources Corp: reported EPS and consensus Quarterly reported EPS against the analysts' average estimate
$0.50 $1.00 $1.50 $2.00 Sep '25 Dec '25 Mar '26 Jun '26 Reported EPS, Sep '25: $0.57 Reported EPS, Dec '25: $0.82 Reported EPS, Mar '26: $1.52 Reported EPS, Jun '26: $0.79 $0.79 Analysts' estimate, Sep '25: $0.56 Analysts' estimate, Dec '25: $0.73 Analysts' estimate, Mar '26: $1.30 Analysts' estimate, Jun '26: $0.65 $0.65

Source: reported quarterly EPS and aggregated third-party estimates. Historical surprises are context, not a forecast.

View chart data
Period Reported EPSAnalysts' estimate
Sep '25 $0.57$0.56
Dec '25 $0.82$0.73
Mar '26 $1.52$1.30
Jun '26 $0.79$0.65

What analysts expect

For the quarter, the analysts’ average EPS estimate is $0.76, in a range from $0.59 to $0.98. The average revenue estimate for the quarter is $809.8 million. Meanwhile, the analysts’ average estimate for full-year EPS is $4.13, which would be up 37.7% on last year (based on 24 analysts). That estimate has risen 0.6% over the past 90 days. Of the analysts’ recommendations, 6 are positive, 18 neutral and 1 negative.

Earnings surprise model

The model estimates EPS could land above the analysts’ average estimate by 7.6%. Its estimated chance of an EPS beat is 75.0%, based on the last 4 quarters. The model shrinks the median recent surprise toward zero and uses a neutral prior for beat frequency; this small sample is a reference estimate, not company guidance.

Track record against estimates

The company reported EPS above the analysts’ average estimate in 4 of the last 4 quarters. Last quarter, EPS of $0.79 compared with an estimate of $0.65, above it by 21.1%.

Profit and cash are telling different stories: earnings grew far faster. The trailing gross margin was 93.9%, while the trailing net margin was 25.0%. Net income over the twelve months was $860.3 million, which rose 79.2% on the year before.

Where the cash went

The cash flow statement shows growth. Operating cash flow over the twelve months was $1.4 billion, up 20.3% on the year before. Capital spending was $632.7 million, or 18.4% of revenue. Free cash flow, operating cash flow less capital spending, was $726.5 million, up 28.4% on the year before. Free cash flow was 21.1% of revenue (the free-cash-flow margin), up 0.9 percentage points from a year earlier. The average diluted share count fell 1.7% over the year.

Against its own history

Set against the company’s own record: today’s free-cash-flow margin of 21.1% is higher than 29% of the company’s own past quarterly readings, which have ranged from −21.8% to 62.7%. Today’s twelve-month revenue growth rate of 23.2% is higher than 62% of past readings (−45.0% to 137.4%).

Questions this report will answer

Whether the slowdown in revenue growth continues. Whether results land above or below the analysts’ expectations set out above. Alongside that, whether margins hold at the trailing levels above. The next filing will show whether the trends above continue, slow or reverse.

What it means for value

For valuation, the figures matter through our model. In our model, growth 5 percentage points lower would lower the value by 24.4%, and 5 percentage points higher would raise it by 31.2%. A free-cash-flow margin 1 percentage point lower would lower it by 4.4%.