Antero Resources Q4 Results Top Estimates

(RTTNews) - Antero Resources Corp. (AR) reported a net loss from continuing operations for the fourth quarter of $225 million or $0.86 per share, compared to net income of $85 million in the fourth quarter for 2012. The GAAP net loss for the fourth quarter of 2013 included the following items:

Excluding items, adjusted net income from continuing operations for the latest quarter was $73 million or $0.28 per share.

Revenue for the fourth quarter rose to $480 million from $235 million for the fourth quarter of 2012.

Analysts polled by Thomson Reuters expected the company to earn $0.25 per share on revenue of $327.66 million for the fourth quarter. Analysts' estimates typically exclude special items.