Southwestern Energy (SWN) Expected to Post Earnings of $0.25 Per Share

Equities research analysts predict that Southwestern Energy (NYSE:SWN) will announce earnings of $0.25 per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Southwestern Energy’s earnings. The lowest EPS estimate is $0.15 and the highest is $0.50. Southwestern Energy reported earnings per share of $0.18 in the same quarter last year, which suggests a positive year-over-year growth rate of 38.9%. The business is expected to announce its next quarterly earnings report on Thursday, April 26th.

On average, analysts expect that Southwestern Energy will report full year earnings of $0.77 per share for the current year, with EPS estimates ranging from $0.54 to $1.40. For the next financial year, analysts anticipate that the firm will post earnings of $0.84 per share, with EPS estimates ranging from $0.34 to $1.44. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Southwestern Energy.

How to Become a New Pot Stock Millionaire

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings data on Thursday, March 1st. The energy company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.09 by $0.03. Southwestern Energy had a return on equity of 21.54% and a net margin of 30.57%. The firm had revenue of $809.00 million for the quarter, compared to the consensus estimate of $802.77 million. During the same quarter last year, the company earned $0.08 earnings per share. The business’s revenue for the quarter was up 18.3% compared to the same quarter last year.

Several research firms have recently commented on SWN. Cowen set a $5.00 price objective on Southwestern Energy and gave the stock a “buy” rating in a research note on Thursday, February 8th. Jefferies Group reaffirmed a “hold” rating and issued a $5.00 price objective on shares of Southwestern Energy in a research note on Monday. ValuEngine downgraded Southwestern Energy from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. B. Riley started coverage on Southwestern Energy in a research note on Monday, February 5th. They issued a “neutral” rating and a $5.00 price objective on the stock. Finally, Royal Bank of Canada set a $6.00 price objective on Southwestern Energy and gave the stock a “hold” rating in a research note on Thursday, February 8th. Eight analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have given a buy rating to the company. Southwestern Energy presently has an average rating of “Hold” and a consensus price target of $6.94.

SWN stock traded up $0.05 during midday trading on Thursday, hitting $4.38. The stock had a trading volume of 7,352,657 shares, compared to its average volume of 27,310,986. The company has a debt-to-equity ratio of 2.22, a current ratio of 1.93 and a quick ratio of 1.93. Southwestern Energy has a 1 year low of $3.42 and a 1 year high of $8.94. The company has a market capitalization of $2,618.30, a P/E ratio of 2.68 and a beta of 1.05.

Several institutional investors have recently made changes to their positions in the company. Encompass Capital Advisors LLC grew its stake in Southwestern Energy by 10.9% during the 4th quarter. Encompass Capital Advisors LLC now owns 8,800,000 shares of the energy company’s stock valued at $49,104,000 after purchasing an additional 862,553 shares during the last quarter. Disciplined Growth Investors Inc. MN increased its position in Southwestern Energy by 0.8% in the 4th quarter. Disciplined Growth Investors Inc. MN now owns 6,879,426 shares of the energy company’s stock valued at $38,387,000 after acquiring an additional 51,514 shares during the period. Bank of New York Mellon Corp increased its position in Southwestern Energy by 10.0% in the 4th quarter. Bank of New York Mellon Corp now owns 6,678,572 shares of the energy company’s stock valued at $37,267,000 after acquiring an additional 604,783 shares during the period. Russell Investments Group Ltd. increased its position in Southwestern Energy by 6.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 4,744,841 shares of the energy company’s stock valued at $28,991,000 after acquiring an additional 308,147 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its position in Southwestern Energy by 1.3% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 3,479,965 shares of the energy company’s stock valued at $19,419,000 after acquiring an additional 45,986 shares during the period. Hedge funds and other institutional investors own 80.64% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Southwestern Energy (SWN) Expected to Post Earnings of $0.25 Per Share” was first published by Stock Observer and is the property of of Stock Observer. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this report can be viewed at https://www.thestockobserver.com/2018/03/20/southwestern-energy-swn-expected-to-post-earnings-of-0-25-per-share.html.

About Southwestern Energy

Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.

Get a free copy of the Zacks research report on Southwestern Energy (SWN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Southwestern Energy (NYSE:SWN)

Receive News & Ratings for Southwestern Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southwestern Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply