Earnings Outlook For Southwestern Energy

Southwestern Energy SWN is set to give its latest quarterly earnings report on Thursday, 2024-02-22. Here's what investors need to know before the announcement.

Analysts estimate that Southwestern Energy will report an earnings per share (EPS) of $0.13.

Southwestern Energy bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.02, which was followed by a 2.58% increase in the share price the next day.

Here's a look at Southwestern Energy's past performance and the resulting price change:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.08 0.06 0.28 0.27
EPS Actual 0.10 0.09 0.31 0.26
Price Change % 2.58% -0.15% 3.18% 8.17%

eps graph

Stock Performance

Shares of Southwestern Energy were trading at $6.61 as of February 20. Over the last 52-week period, shares are up 36.09%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for Southwestern Energy visit their earnings calendar on our site.

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

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