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Comstock: Q4 Earnings Snapshot

FRISCO, Texas (AP) — FRISCO, Texas (AP) — Comstock Resources Inc. (CRK) on Wednesday reported fourth-quarter profit of $280.9 million.

The Frisco, Texas-based company said it had profit of 97 cents per share. Earnings, adjusted for one-time gains and costs, came to 16 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.

The oil and gas company posted revenue of $789.8 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $467.9 million.

For the year, the company reported profit of $395.6 million, or $1.43 per share. Revenue was reported as $2.22 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 CRK at https://www.zacks.com/ap/CRK

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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