Carrizo Oil & Gas Q2 Profit Rises - Quick Facts

(RTTNews) - Carrizo Oil & Gas, Inc. (CRZO) reported that its second-quarter net income increased to $36.97 million or $0.91 per share, from $28.50 million or $0.71 per share, last year. Income per share from continuing operations was $0.88, compared to $0.64 prior year.

Adjusted net income was $24.70 million or $0.61 per share, for the quarter. On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $0.53 for the quarter. Analysts' estimates typically exclude special items.

Total oil and gas revenues rose to $134.22 million, from $83.82 million last year. Adjusted revenues were $136.84 million for the quarter. Analysts expected revenue of $128.73 million for the quarter.