05:57 PM EDT, 05/02/2024 (MT Newswires) -- Southwestern Energy ( SWN ) posted Q1 adjusted earnings late Thursday of $0.12 per diluted share, down from $0.31 a year ago.
Analysts polled by Capital IQ expected $0.14.
Revenue for the quarter ended March 31 fell to $1.42 billion from $2.12 billion a year earlier. Analysts surveyed by Capital IQ expected $1.58 billion.
The company said it has discontinued providing guidance due to its pending merger with Chesapeake Energy ( CHK ) .
Price: 7.15, Change: -0.07, Percent Change: -0.97