Energen Corp. (EGN) said that it expects fiscal 2010 earnings to be in the range of $4.20 - $4.60 per share, reflecting an increase of $0.20 per share in the company's earnings guidance initiated in October.
On average, six analysts polled by Thomson Reuters expected the company to earn $4.25 per share for fiscal 2010. Analysts estimates typically exclude special items.
Earlier on October 28, Energen initiated earnings guidance for full year 2010 of $4.00 to $4.40 per share that suggests the potential for double-digit year-over-year earnings growth in 2010.
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