$0.18 Earnings Per Share Expected for Southwestern Energy Company (SWN) This Quarter

Equities research analysts expect Southwestern Energy Company (NYSE:SWN) to post earnings per share of $0.18 for the current quarter, Zacks reports. Eight analysts have made estimates for Southwestern Energy Company’s earnings. The lowest EPS estimate is $0.09 and the highest is $0.29. Southwestern Energy Company reported earnings per share of ($0.08) in the same quarter last year, which suggests a positive year-over-year growth rate of 325%. The company is expected to announce its next quarterly earnings report after the market closes on Thursday, April 27th.

According to Zacks, analysts expect that Southwestern Energy Company will report full-year earnings of $0.69 per share for the current year, with EPS estimates ranging from $0.47 to $1.05. For the next year, analysts forecast that the business will report earnings of $0.96 per share, with EPS estimates ranging from $0.38 to $1.74. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Southwestern Energy Company.

Southwestern Energy Company (NYSE:SWN) last posted its quarterly earnings results on Thursday, February 23rd. The energy company reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.12 by $0.04. Southwestern Energy Company had a negative net margin of 187.25% and a negative return on equity of 2.58%. The business earned $684 million during the quarter, compared to analyst estimates of $645.55 million. During the same quarter in the prior year, the business earned ($0.02) earnings per share. The firm’s quarterly revenue was down .4% on a year-over-year basis.

Several equities research analysts recently weighed in on SWN shares. Zacks Investment Research upgraded shares of Southwestern Energy Company from a “hold” rating to a “buy” rating and set a $10.00 price objective on the stock in a research note on Tuesday, February 7th. KLR Group reiterated a “buy” rating and set a $15.00 price objective (up previously from $13.00) on shares of Southwestern Energy Company in a research note on Monday, February 27th. Citigroup Inc upgraded shares of Southwestern Energy Company from a “neutral” rating to a “buy” rating and set a $10.00 price objective on the stock in a research note on Wednesday, March 15th. Stifel Nicolaus started coverage on shares of Southwestern Energy Company in a research note on Thursday, March 23rd. They set a “buy” rating and a $10.00 price objective on the stock. Finally, Barclays PLC upgraded shares of Southwestern Energy Company from an “underweight” rating to an “equal weight” rating and set a $11.00 price objective on the stock in a research note on Monday, January 23rd. Two analysts have rated the stock with a sell rating, seventeen have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Southwestern Energy Company has a consensus rating of “Hold” and an average price target of $14.46.

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Southwestern Energy Company (NYSE:SWN) traded down 0.27% during mid-day trading on Tuesday, reaching $7.44. The company’s stock had a trading volume of 11,341,663 shares. Southwestern Energy Company has a 1-year low of $7.20 and a 1-year high of $15.59. The stock’s 50 day moving average price is $7.77 and its 200 day moving average price is $9.86. The stock’s market capitalization is $3.66 billion. Southwestern Energy Company also was the recipient of unusually large options trading activity on Thursday. Stock traders acquired 2,056 call options on the stock. This represents an increase of approximately 421% compared to the average volume of 395 call options.

A number of hedge funds have recently modified their holdings of SWN. Seven Bridges Advisors LLC boosted its stake in shares of Southwestern Energy Company by 14.4% in the third quarter. Seven Bridges Advisors LLC now owns 19,521 shares of the energy company’s stock worth $270,000 after buying an additional 2,462 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of Southwestern Energy Company by 387.7% in the third quarter. Wells Fargo & Company MN now owns 3,526,448 shares of the energy company’s stock worth $48,806,000 after buying an additional 2,803,417 shares during the last quarter. Alambic Investment Management L.P. boosted its stake in shares of Southwestern Energy Company by 1.7% in the third quarter. Alambic Investment Management L.P. now owns 124,600 shares of the energy company’s stock worth $1,724,000 after buying an additional 2,100 shares during the last quarter. DnB Asset Management AS boosted its stake in shares of Southwestern Energy Company by 16.6% in the third quarter. DnB Asset Management AS now owns 28,827 shares of the energy company’s stock worth $399,000 after buying an additional 4,100 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. boosted its stake in shares of Southwestern Energy Company by 13.8% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,270,204 shares of the energy company’s stock worth $17,580,000 after buying an additional 154,351 shares during the last quarter. Hedge funds and other institutional investors own 98.21% of the company’s stock.

Southwestern Energy Company Company Profile

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.

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