Earnings Forecast Research on Continental Resources, Inc. (CLR)

Continental Resources, Inc. has received $-0.12 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 15 Financial Advisor in the Stock Trading Firms. Among 15 Analysts, Bottom line EPS Estimate for the current quarter is $-0.22 while the top line estimate is $-0.05 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 46.67%.

Continental Resources, Inc. results fell short with a surprise EPS of -37.5% or $-0.06. The Actual EPS was $-0.22 compared to the Estimated EPS of $-0.16 during its most recent quarterly earnings. Oklahoma City based Continental Resources, Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 22, 2017.

In the last quarter, Continental Resources, Inc. reported Annual Earnings of $-0.22. Based on the filings, last years Annual Earnings was, $-0.31. In the last Quarter, CLR reported a surprise Earnings per Share of -37.5% . The consensus estimate for current quarter is $-0.12 and for the current fiscal year, the estimate is $-0.92. For the Next fiscal year, the estimate is $0.45 based on the consensus.

Continental Resources, Inc. (NYSE:CLR) : On Tuesday heightened volatility was witnessed in Continental Resources, Inc. (NYSE:CLR) which led to swings in the share price. The stock opened for trading at $48.47 and hit $48.58 on the upside , eventually ending the session at $48.56, with a gain of 1.19% or 0.57 points. The heightened volatility saw the trading volume jump to 2,025,715 shares. The 52-week high of the share price is $60.3 and the company has a market cap of $18,187 million. The 52-week low of the share price is at $16.88 .

CONTINENTAL RESOURCES is a crude-oil concentrated, independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States. The Company focuses its operations in large new and developing plays where horizontal drilling, advanced fracture stimulation and enhanced recovery technologies provide the means to economically develop and produce oil and natural gas reserves from unconventional formations.


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