Post-earnings recap
Reported
Tue, Jul 21, 2026
EPS actual
$0.79
EPS est.
$0.52
EPS surprise
+51.34%
1-day move
+2.95%
Range Resources Corporation reported an EPS of $0.79, significantly beating expectations. The stock reacted positively, rising by 2.95%. However, there was no revenue data or guidance provided, leaving some uncertainty about future performance.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.79 | N/A | +51.34% |
| Revenue | N/A | N/A | N/A |
No transcript is on record for this earnings call, so the analysis is based solely on the numerical results.
Range Resources Corporation (RRC) is an energy company focused on oil and gas exploration and production. With a market cap of $9 billion, it plays a significant role in the energy sector, particularly in natural gas production, which is increasingly important as the world shifts towards cleaner energy sources.
Last quarter
In Q1 2026, Range Resources reported an EPS of $1.52, exceeding estimates by 29.47%. The stock saw a positive reaction, gaining 1.29% the following day.
EPS beat streak
8Q
EPS beat rate
100%
Avg EPS surprise
+28.74%
Avg 1-day reaction
+0.58%
Analysts are cautiously optimistic about Range Resources' upcoming earnings report, especially given its strong performance in the previous quarter.
Bull case
If the company continues to beat earnings expectations, it could signal strong operational efficiency and robust demand for natural gas, potentially driving the stock higher.
Bear case
Conversely, any signs of declining production or rising costs could lead to disappointment, especially if the company fails to meet even its previous performance levels.
The print will turn on these.
Q1
What will the EPS be for Q2 2026?
Given the company's strong history of beating EPS estimates, this number will be crucial for investor sentiment.
Q2
How has production changed compared to last quarter?
Production levels directly impact revenue and profitability, making this a key focus for understanding future performance.
—
Est. EPS
$4.19
Est. Rev
$1.2B
Impl. Move
±16.2%
Why consensus could be wrong
The Street may underestimate Range Resources' ability to sustain high production levels, given recent operational improvements.
Supporting evidence
The company has consistently beaten EPS estimates, indicating strong management performance.
Options pricing suggests a larger move than historically realized, indicating potential for a surprise.
The recent increase in natural gas demand could lead to better-than-expected revenue.
Key risk
If production levels come in lower than expected, it could significantly impact revenue and investor confidence.
Pre-commit to what would confirm each case.
This quarter's results will be closely watched to see if the company can maintain its positive momentum from the previous quarter.
Bull confirmed if
An EPS of $1.60 or higher would confirm strong operational performance and investor confidence.
Bear confirmed if
An EPS below $1.40 would raise concerns about production efficiency and cost management.
What the market is pricing for the move.
Implied Move
±15.53%
Historical Avg
±1.2%
The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.
Options are pricing ±15.5% while RRC has averaged ±1.2% over the last 8 prints — setup is pricing rich.
ATM IV
0.4%
30d HV
26.9%
Cross-company pattern from 30 similar setups.
Prior-quarter beat + options rich in Energy
Fade rate: 7 of 30 (23%)
This setup has occurred 30 times across Energy in the last 2 years. 23 of 30 (77%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.4%, with a raw directional average of -1.6% (modestly negative historical bias).
Smart-money positioning from the most recent 13F filings.
Institutional
103.99%
of float
Insider
1.23%
of float
Holders
708
institutions
Top Holders· as of Jun 2026
Price (T.Rowe) Associates Inc
28,248,416 sh · $1.1B
12.09%
3.9%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Range Resources beats expectations, history suggests a potential stock increase of around 1.07%, confirming the company's strong operational capabilities.
In line / cautious
If results are in line with expectations, the stock may see muted movement as investors digest the news and management's commentary.
Miss
A miss could lead to a decline in stock price, potentially around 1.07%, as investors react negatively to any signs of weakness.
House and Senate STOCK Act disclosures over the trailing 6 months.
Trades
1
0 buys·1 sell
Members
1
House only
Est. Notional
$1,001.00–$15,000.00
disclosed dollar ranges
Most Active Members
1 trade
The lines on the call that would change the story.
Blackrock Inc.
23,341,901 sh · $929.7M
9.99%
3.1%
Vanguard Portfolio Management LLC
13,684,985 sh · $545.1M
5.86%
1.4%
FMR, LLC
12,598,360 sh · $501.8M
5.39%
-13.4%
Boston Partners
12,226,832 sh · $487.0M
5.23%
2.0%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.
Net selling
Recent Transactions
Traded May 5, 2026 · disclosed May 18, 2026
$1,001.00–$15,000.00
Filed 30–45+ days after the trade. Treat as positional context, not a leading indicator. Amounts are SEC-mandated dollar ranges, not exact values.