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SM Energy Co reports results for the quarter ended June 30 - Earnings Summary

SM Energy Co SM.N reported quarterly adjusted earnings of $1.50​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.85.  The mean expectation of fourteen analysts for the quarter was for earnings of $1.21 per share. Wall Street expected results to range from 88 cents to $1.40 per share.

Revenue rose 25% to $792.94 million from a year ago; analysts expected $783.85 million.

SM Energy Co's reported EPS for the quarter was $1.76​.

The company reported quarterly net income of $201.67 million.

SM Energy Co shares had risen by 12.1% this quarter and lost 28.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 11.3% in the last three months.​

In the last 30 days, seven analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

Wall Street's median 12-month price target for SM Energy Co is $38.00, about 27.4% above its last closing price of $27.59

This summary was machine generated from LSEG data July 31 at 09:55 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.211.50Beat
Mar. 31 20251.611.76Beat
Dec. 31 20241.911.91Met
Sep. 30 20241.531.62Beat

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