SM Energy (SM) Tops Q1 Earnings and Revenue Estimates

SM Energy (SM) came out with quarterly earnings of $1.76 per share, beating the Zacks Consensus Estimate of $1.60 per share. This compares to earnings of $1.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $1.86 per share when it actually produced earnings of $1.91, delivering a surprise of 2.69%.Over the last four quarters, ...