SM Energy: Q1 Earnings Insights

SM Energy: Q1 Earnings Insights

SM Energy SM reported its Q1 earnings results on Thursday, April 28, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

SM Energy beat estimated earnings by 17.16%, reporting an EPS of $1.98 versus an estimate of $1.69.

Revenue was up $415.93 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.4 which was followed by a 6.38% drop in the share price the next day.

Here's a look at SM Energy's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.74 0.10 -0.27 -0.22
EPS Actual 1.14 0.74 0.01 -0.05
Revenue Estimate 601.70M 498.49M 395.02M 352.24M
Revenue Actual 854.96M 760.24M 563.85M 443.85M

To track all earnings releases for SM Energy visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings