Missing market estimates, PDC Energy reports adjusted net loss in Q4'18
PDC Energy Inc. on Feb. 27 reported a fourth-quarter 2018 adjusted net loss of $146.7 million, or $2.22 per share, down from adjusted net income of $130.9 million, or $1.98 per share, in the fourth quarter of 2017.
The S&P Global Market Intelligence consensus normalized earnings estimate for the fourth quarter of 2018 was 56 cents per share.
The company's GAAP net income came in at $178.9 million, up from $77.6 million for the same period a year earlier.
Revenue totaled $794.81...