Crescent Energy: Q3 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — Crescent Energy Company (CRGY) on Monday reported a loss of $2.2 million in its third quarter.

The Houston-based company said it had a loss of 1 cent per share. Earnings, adjusted for one-time gains and costs, were 77 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share.

The oil and gas company posted revenue of $1.35 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $1.15 billion.

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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 CRGY at https://www.zacks.com/ap/CRGY