Crescent Energy: Q3 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — Crescent Energy Company (CRGY) on Monday reported a loss of $9.5 million in its third quarter.

On a per-share basis, the Houston-based company said it had a loss of 4 cents. Earnings, adjusted for one-time gains and costs, were 35 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share.

The oil and gas company posted revenue of $866.6 million in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $884.3 million.

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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