EOG Resources Q1 Adj. Profit Beats Estimate - Quick Facts

(RTTNews) - EOG Resources, Inc. (EOG) Monday reported first-quarter net income of $660.9 million or $1.21 per share, up from $494.7 million or $0.91 per share in the same period last year.

Adjusted earnings for the quarter was $767.7 million or $1.40 per share, up from $489.9 million or $0.90 per share On average, 34 analysts polled by Thomson Reuters expected the company to earn $1.20 per share for the quarter. Analysts' estimates typically exclude special items.

Operating revenues increased to $4.08 billion from $3.36 billion last year, while twelve analysts expected revenues of $3.79 billion.