Brokerages expect Southwestern Energy Company (NYSE:SWN) to report earnings of $0.13 per share for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for Southwestern Energy’s earnings. The highest EPS estimate is $0.24 and the lowest is ($0.02). Southwestern Energy posted earnings of $0.03 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 333.3%. The firm is scheduled to report its next earnings results on Thursday, October 19th.

According to Zacks, analysts expect that Southwestern Energy will report full-year earnings of $0.55 per share for the current year, with EPS estimates ranging from $0.39 to $0.81. For the next fiscal year, analysts forecast that the company will post earnings of $0.87 per share, with EPS estimates ranging from $0.59 to $1.29. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that cover Southwestern Energy.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings results on Thursday, August 3rd. The energy company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.08). The company had revenue of $811.00 million for the quarter, compared to analyst estimates of $810.00 million. Southwestern Energy had a positive return on equity of 25.19% and a negative net margin of 9.46%. The firm’s quarterly revenue was up 55.4% on a year-over-year basis. During the same quarter last year, the company posted ($0.09) earnings per share.

Several analysts have recently weighed in on SWN shares. Scotiabank set a $9.00 price objective on shares of Southwestern Energy and gave the company a “hold” rating in a research report on Saturday, July 1st. Cowen and Company restated a “buy” rating and set a $9.00 price objective on shares of Southwestern Energy in a research report on Tuesday, September 12th. BidaskClub upgraded shares of Southwestern Energy from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 3rd. Zacks Investment Research cut shares of Southwestern Energy from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Finally, Wolfe Research upgraded shares of Southwestern Energy from an “underperform” rating to a “market perform” rating and raised their price objective for the company from $6.00 to $7.00 in a research report on Wednesday. Five investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $12.00.

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Several institutional investors and hedge funds have recently made changes to their positions in SWN. Wells Fargo & Company MN boosted its stake in shares of Southwestern Energy by 8.5% during the 1st quarter. Wells Fargo & Company MN now owns 975,723 shares of the energy company’s stock valued at $7,971,000 after purchasing an additional 76,651 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of Southwestern Energy by 105.7% during the 1st quarter. Canada Pension Plan Investment Board now owns 198,878 shares of the energy company’s stock valued at $1,625,000 after purchasing an additional 102,199 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Southwestern Energy by 17.9% during the 1st quarter. American Century Companies Inc. now owns 82,137 shares of the energy company’s stock valued at $671,000 after purchasing an additional 12,454 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its stake in shares of Southwestern Energy by 131.4% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 35,211 shares of the energy company’s stock valued at $297,000 after purchasing an additional 19,997 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Southwestern Energy by 5.9% during the 1st quarter. Bank of New York Mellon Corp now owns 4,537,945 shares of the energy company’s stock valued at $37,075,000 after purchasing an additional 253,396 shares in the last quarter. 89.50% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Southwestern Energy (NYSE:SWN) traded up 3.26% on Monday, hitting $6.02. 13,638,384 shares of the stock traded hands. Southwestern Energy has a 52 week low of $5.00 and a 52 week high of $14.98. The stock has a 50-day moving average price of $5.44 and a 200 day moving average price of $6.50. The firm’s market cap is $3.00 billion.

About Southwestern Energy

Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.

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Earnings History and Estimates for Southwestern Energy (NYSE:SWN)

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