DENVER (AP) — DENVER (AP) — SM Energy Co. (SM) on Wednesday reported second-quarter net income of $210.3 million.
On a per-share basis, the Denver-based company said it had net income of $1.82. Earnings, adjusted for non-recurring costs, came to $1.85 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.
The independent oil and gas company posted revenue of $634.6 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $629.6 million.
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