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Analysts are projecting Range to come in with earnings of 14 cents per share, 30% less than a year ago when it reported earnings of 20 cents per share.
FORBES: Earnings Preview: Range Resources
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The other, more worrisome interpretation is that the completion of the trading range (lines b and c) is projecting an move to much lower rate, which will imply a much weaker stock market and economy.
FORBES: The Week Ahead: When Will the Selling End?
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Chairman John Chambers offered a cautious assessment of the next quarter, projecting sales growth in the 9% to 10% range.
FORBES: Magazine Article