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Southwestern Energy Q3 Profit Rises

Southwestern Energy Co. (SWN) Thursday reported third-quarter net income of $211 million or $0.60 per share, up from $186 million or $0.53 per share last year.

Adjusted net income dropped to $178 million or $0.50 per share from $180 million or $0.51 per share last year.

Operating revenues for the quarter rose to $928 million from $868 million last year.

Analysts polled by Thomson Reuters projected earnings of $0.52 per share on revenues of $984.1 million for the quarter. Analysts' estimates typically exclude special items.

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