Southwestern Energy Co. (SWN) Thursday reported first-quarter profit of $127.52 million or $0.36 per share, up from $107.70 million or $0.31 per share in the comparable quarter last year.
Adjusted earnings for the quarter was $146.0 million or $0.42 per share. On average, 38 analysts polled by Thomson Reuters expected the company to earn $0.38 per share for the quarter. Analysts' estimates typically exclude special items.
Operating revenues increased to $733.65 million from $654.84 million last year. Analysts expected revenues of $665.44 million.
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