Chesapeake Energy beats by $0.31, beats on revs; provides FY19 outlook
- Reports Q4 (Dec) earnings of $0.49 per share, $0.31 better than the S&P Capital IQ Consensus of $0.18; revenues rose 21.8% year/year to $3.07 bln vs the $1.07 bln S&P Capital IQ Consensus.
- FY19 Outlook:
- Production Growth Adjusted for Asset Sales: 13% to 20%
- Adjusted EBITDA (based on 2/22/19 strip prices) $2,500-2,700 mln
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