Comstock Resources Q3 Earnings Outperform Estimates with 47.8% Revenue Increase and $0.09 EPS

Comstock Resources (CRK) reported Q3 revenue of $449.85 million, up 47.8% YoY, and EPS of $0.09, compared to -$0.17 in the year-ago quarter. The company delivered a revenue surprise of +12.14% and an EPS surprise of +125%. Key metrics such as average natural gas price, total daily production, and average oil price showed mixed results, with some surpassing analysts' estimates. Shares of Comstock have returned +41.2% over the past month.