Southwestern Energy Q2 EPS $0.09 Beats $0.06 Estimate, Sales $1.27B Miss $1.27B Estimate
Portfolio Pulse from Benzinga Newsdesk
Southwestern Energy (NYSE:SWN) reported Q2 earnings of $0.09 per share, beating the analyst consensus estimate of $0.06 by 50%. However, this is a 72.73% decrease from last year's earnings. The company's quarterly sales of $1.27 billion missed the analyst consensus estimate by 0.08%, marking a 69.33% decrease from last year.
August 04, 2023 | 2:26 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Southwestern Energy's Q2 earnings beat estimates but are significantly down YoY. Sales also missed estimates and are down YoY.
Despite beating the earnings estimate, Southwestern Energy's significant YoY decrease in earnings and sales, as well as missing the sales estimate, could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100