SM Energy Co reports results for the quarter ended March 31 - Earnings Summary

SM Energy

02/05/2025 05:32

SM Energy Co SM.N reported quarterly adjusted earnings of $1.76​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.41.  The mean expectation of fifteen analysts for the quarter was for earnings of $1.61 per share. Wall Street expected results to range from $1.15  to $1.94 per share.

Revenue rose 50.8% to $844.54 million from a year ago; analysts expected $828.72 million.

SM Energy Co's reported EPS for the quarter was $1.59​.

The company reported quarterly net income of $182.27 million.

SM Energy Co shares had fallen by 23.9% this quarter and lost 41.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 21% in the last three months.​

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

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 7 "hold" and no "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 $37.00

This summary was machine generated from LSEG data May 2 at 04:31 a.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 ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
1.61
1.76
Beat
Dec. 31 2024
1.91
1.91
Met
Sep. 30 2024
1.53
1.62
Beat
Jun. 30 2024
1.53
1.85
Beat