Southwestern Energy (SWN) Set to Announce Quarterly Earnings on Thursday

Southwestern Energy (NYSE:SWN) is scheduled to announce its earnings results after the market closes on Thursday, April 26th. Analysts expect the company to announce earnings of $0.24 per share for the quarter.

Southwestern Energy (NYSE:SWN) last issued its quarterly earnings results on Thursday, March 1st. The energy company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.09 by $0.03. The company had revenue of $809.00 million during the quarter, compared to analyst estimates of $802.77 million. Southwestern Energy had a net margin of 30.57% and a return on equity of 21.54%. The firm’s revenue was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.08 EPS. On average, analysts expect Southwestern Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

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Shares of NYSE SWN opened at $4.53 on Thursday. The firm has a market capitalization of $2,600.69, a P/E ratio of 10.30 and a beta of 0.79. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 2.22. Southwestern Energy has a one year low of $3.42 and a one year high of $8.25.

Several equities research analysts recently commented on SWN shares. Cowen set a $8.00 price target on shares of Southwestern Energy and gave the stock a “buy” rating in a report on Thursday, January 18th. ValuEngine raised shares of Southwestern Energy from a “hold” rating to a “buy” rating in a report on Thursday, January 4th. B. Riley raised shares of Southwestern Energy from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $5.00 to $5.85 in a report on Friday, February 9th. TheStreet raised shares of Southwestern Energy from a “d” rating to a “c-” rating in a report on Thursday, March 1st. Finally, Royal Bank of Canada set a $7.00 price target on shares of Southwestern Energy and gave the stock a “hold” rating in a report on Wednesday, December 20th. Seven analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have issued a buy rating to the company’s stock. Southwestern Energy currently has an average rating of “Hold” and an average target price of $6.76.

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About Southwestern Energy

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 191,226 net acres in Northeast Appalachia; Marcellus Shale, Utica, and Upper Devonian unconventional natural gas and oil reservoirs covering approximately 290,291 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 917,842 net acres in Arkansas.

Earnings History for Southwestern Energy (NYSE:SWN)

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