SM Energy: Q3 Earnings Snapshot
DENVER (AP) — DENVER (AP) — SM Energy Co. (SM) on Thursday reported third-quarter profit of $222.3 million.
The Denver-based company said it had profit of $1.88 per share. Earnings, adjusted for non-recurring gains, were $1.73 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share.
The independent oil and gas company posted revenue of $640.9 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $629.3 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SM at https://www.zacks.com/ap/SM