May 2, 2011
Chesapeake Energy (NYSE:CHK) reported Q1 EPS of $0.75, ex-items, ahead of consensus estimates of $0.70 per share. Revenues for the quarter fell to $1.61 billion. Analyst expected revenues of $2.68 billion, which may not be comparable.
Chesapeake Energy has a potential upside of 19.4% based on a current price of $33.23 and an average consensus analyst price target of $39.67.
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