Plus   Neg

Southwestern Energy Co. Announces Rise In Q4 Bottom Line

Southwestern Energy Co. (SWN) reported a profit for its fourth quarter that rose compared to the same period last year.

The company said its bottom line totaled $63 million, or $0.12 per share. This was up from $39 million, or $0.08 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.09 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 18.3% to $809 million. This was up from $684 million last year.

Southwestern Energy Co. earnings at a glance:

-Earnings (Q4): $63 Mln. vs. $39 Mln. last year.
-Earnings Growth (Y-o-Y): 61.5%
-EPS (Q4): $0.12 vs. $0.08 last year.
-EPS Growth (Y-o-Y): 50.0%
-Analysts Estimate: $0.09
-Revenue (Q4): $809 Mln vs. $684 Mln last year.
-Revenue Change (Y-o-Y): 18.3%

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

comments powered by Disqus
Follow RTT