SM Energy: Q3 Earnings Snapshot
By AP News
Published - Oct 31, 2024, 04:32 PM ET
Last Updated - Dec 16, 2024, 05:46 PM EST
DENVER (AP) — DENVER (AP) — SM Energy Co. (SM) on Thursday reported third-quarter earnings of $240.5 million.
The Denver-based company said it had profit of $2.09 per share. Earnings, adjusted for non-recurring gains, came to $1.62 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.
The independent oil and gas company posted revenue of $643.6 million in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $651.1 million.
