Rex Energy Q2 Profit Plunges - Quick Facts

(RTTNews) - Rex Energy Corp. (REXX) Tuesday posted second-quarter net income attributable to the company of $13.7 million or $0.26 per share, compared to $52.9 million or $1.00 per share in the comparable quarter last year.

Adjusted net income for the latest second quarter rose to $7.5 million or $0.14 per share from $552 thousand or $0.01 per share in the prior year quarter. On average, thirteen analysts polled by Thomson Reuters expected the company to earn $0.12 per share for the quarter. Analysts' estimates typically exclude special items.

Total operating revenue for the quarter rose to $55.36 million from $30.26 million last year, while eleven analysts expected revenues of $56.24 million.