DENVER (AP) — DENVER (AP) — SM Energy Co. (SM) on Monday reported third-quarter earnings of $155.1 million.
The Denver-based company said it had net income of $1.35 per share. Earnings, adjusted for non-recurring gains, came to $1.33 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.
The independent oil and gas company posted revenue of $811.6 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $837.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SM at https://www.zacks.com/ap/SM
