Core Viewpoint - SM Energy (SM) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with a consensus EPS estimate of $1.93 per share, reflecting a +23.7% change, and revenues expected to reach $868.32 million, up 42.6% from the previous year [1][3]. Earnings Expectations - The upcoming earnings report is scheduled for February 19, and the stock may rise if the reported numbers exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised 7.54% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a positive Earnings ESP of +0.36% for SM Energy, suggesting a likelihood of beating the consensus EPS estimate [10][11]. - A strong predictor of an earnings beat is a positive Earnings ESP combined with a Zacks Rank of 1 (Strong Buy), which SM Energy currently holds [8][11]. Historical Performance - SM Energy has a history of exceeding consensus EPS estimates, having beaten expectations in the last four quarters, including a +6.58% surprise in the most recent quarter [12][13]. Industry Comparison - In the same industry, EQT Corporation is expected to report earnings of $0.50 per share, reflecting a +4.2% year-over-year change, with revenues projected at $1.73 billion, up 12% [17]. - EQT's consensus EPS estimate has been revised 11.2% lower recently, but a higher Most Accurate Estimate results in a positive Earnings ESP of 7.44%, indicating a potential earnings beat [18].

Core Insights - SM Energy is well-positioned to continue its earnings-beat streak, having a history of exceeding earnings estimates, particularly in the last two quarters with an average surprise of 12.21% [1][3] Earnings Performance - For the last reported quarter, SM Energy achieved earnings of $1.62 per share, surpassing the Zacks Consensus Estimate of $1.52 per share, resulting in a surprise of 6.58% [2] - In the previous quarter, the company reported earnings of $1.85 per share against an expectation of $1.57 per share, delivering a surprise of 17.83% [2] Earnings Estimates - Recent estimates for SM Energy have been trending upward, with a positive Earnings ESP of +0.36%, indicating increased analyst optimism regarding the company's earnings prospects [3][6] - The combination of a positive Earnings ESP and a Zacks Rank 1 (Strong Buy) suggests a high likelihood of another earnings beat in the upcoming report [6] Predictive Metrics - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced a positive surprise nearly 70% of the time, indicating a strong predictive power for earnings performance [4][5] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [5]

Core Viewpoint - SM Energy (SM) has experienced a significant decline in stock performance, returning -12.7% over the past month, while the Zacks S&P 500 composite increased by +1.9% [2]. Earnings Estimate Revisions - For the current quarter, SM Energy is expected to post earnings of $1.93 per share, reflecting a year-over-year increase of +23.7%. The Zacks Consensus Estimate has risen by +13.2% in the last 30 days [5]. - The consensus earnings estimate for the current fiscal year stands at $6.78, indicating a year-over-year change of +15.1%, with a +12.1% increase in estimates over the past month [5]. - For the next fiscal year, the consensus earnings estimate is $8.10, representing a +19.4% change from the previous year, with a +12.2% increase in estimates recently [6]. - SM Energy holds a Zacks Rank 1 (Strong Buy) due to significant changes in consensus estimates and other related factors [7]. Revenue Growth - The consensus sales estimate for the current quarter is $868.32 million, indicating a year-over-year increase of +42.6%. For the current and next fiscal years, the revenue estimates are $2.75 billion and $3.47 billion, reflecting changes of +15.7% and +26.2%, respectively [9]. Last Reported Results - In the last reported quarter, SM Energy generated revenues of $643.61 million, a year-over-year increase of +0.4%. The EPS was $1.62, compared to $1.73 a year ago, with a revenue surprise of -1.15% and an EPS surprise of +6.58% [11]. Valuation - SM Energy is graded A in the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [15].

Core Viewpoint - SM Energy is expected to show significant earnings growth in its upcoming release, with a projected EPS of $1.93, reflecting a 23.72% increase year-over-year, and a revenue forecast of $868.32 million, indicating a 42.64% rise compared to the same quarter last year [2]. Company Performance - SM Energy's stock closed at $39.61, down 1.1% from the previous session, underperforming the S&P 500's daily gain of 0.53% [1]. - Over the past month, SM Energy shares have appreciated by 3.33%, which is below the Oils-Energy sector's gain of 5.88% but above the S&P 500's gain of 1.24% [1]. Analyst Forecasts - Recent revisions to analyst forecasts for SM Energy are being closely monitored, as positive changes in estimates indicate optimism regarding the company's business and profitability [3]. - The Zacks Consensus EPS estimate for SM Energy has increased by 12.09% over the past month, reflecting positive sentiment among analysts [5]. Valuation Metrics - SM Energy is currently trading at a Forward P/E ratio of 4.95, which is a discount compared to the industry average Forward P/E of 9.39 [6]. - The Oil and Gas - Exploration and Production - United States industry, to which SM Energy belongs, holds a Zacks Industry Rank of 57, placing it in the top 23% of over 250 industries [6]. Zacks Rank System - SM Energy currently holds a Zacks Rank of 1 (Strong Buy), which has historically generated an average annual return of +25% since 1988 [5].

Core Insights - The article introduces a new contributing analyst to Seeking Alpha, emphasizing the opportunity for individuals to share investment ideas and get published [1] Group 1 - The focus is on long-term and medium-term value investing, targeting companies with strong fundamentals across various sectors [2] - The analyst has passed CFA Level 1 and has prior experience as an equity research intern, indicating a foundation in financial analysis [2] Group 2 - The article clarifies that the analyst has no current stock or derivative positions in any mentioned companies, ensuring objectivity in the analysis [3] - Seeking Alpha's disclosure highlights that past performance does not guarantee future results, and no specific investment recommendations are provided [4]

Core Viewpoint - SM Energy (SM) shows potential as a strong investment opportunity due to significant upward revisions in earnings estimates, indicating an improving earnings outlook [1][2] Estimate Revisions - The trend of increasing estimate revisions reflects growing analyst optimism regarding SM Energy's earnings prospects, which is expected to positively influence its stock price [2] - For the current quarter, SM Energy is projected to earn $1.93 per share, marking a year-over-year increase of +23.72%, with the Zacks Consensus Estimate rising by 13.23% over the last 30 days [4] - For the full year, the expected earnings per share is $6.78, representing a year-over-year change of +15.11%, with a consensus estimate increase of 12.09% despite some negative revisions [5] Zacks Rank - SM Energy currently holds a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts on the upward revision of earnings estimates, which historically correlates with stock outperformance [3][6] - Stocks with a Zacks Rank 1 and 2 have shown significant outperformance compared to the S&P 500, suggesting a favorable investment environment for SM Energy [6] Investment Outlook - The stock has appreciated by 6% over the past four weeks due to strong estimate revisions, and further upside potential remains, making it a candidate for portfolio inclusion [7]

In the latest trading session, SM Energy (SM) closed at $44.12, marking a -1.28% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.21%. On the other hand, the Dow registered a loss of 0.16%, and the technology-centric Nasdaq decreased by 0.89%.Prior to today's trading, shares of the independent oil and gas company had gained 20.3% over the past month. This has outpaced the Oils-Energy sector's loss of 6.25% and the S&P 500's loss of 1.56% in that time.Investors will ...

SM Energy (SM) closed the most recent trading day at $37.68, moving +0.37% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.04%. Meanwhile, the Dow experienced a rise of 0.07%, and the technology-dominated Nasdaq saw a decrease of 0.05%.Heading into today, shares of the independent oil and gas company had lost 16.26% over the past month, lagging the Oils-Energy sector's loss of 8.03% and the S&P 500's gain of 1.05% in that time.The investment community will be paying close ...

We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.SM Energy (NYSE: SM ) delivered relatively strong Q3 2024 results , with production 3% above the midpoint of its guidance and capex below guidance. It is still in the process of integrating its Uinta Basin acquisitio ...

SM Energy Company (SM) reported third-quarter 2024 adjusted earnings of $1.62 per share, which surpassed the Zacks Consensus Estimate of $1.52. The bottom line, however, decreased from the year-ago quarter’s figure of $1.73.Total quarterly revenues of $644 million increased from $641 million in the year-ago quarter but missed the Zacks Consensus Estimate of $651 million.The better-than-expected quarterly earnings can be attributed to increased oil equivalent production volumes, offset partially by lower ave ...