SM Energy Q3 Profit Rises

(RTTNews) - SM Energy Company (SM) Tuesday reported third-quarter net income of $208.9 million or $3.05 per share, compared to $70.7 million or $1.04 per share last year.

Adjusted net income for the third quarter was $98.6 million or $1.44 per share, compared to $107.6 million or $1.58 per share last year.

Total operating revenues for the quarter were $618.8 million, up from $613.1 million last year.

Analysts polled by Thomson Reuters expected the company to earn $1.47 per share on revenues of $621.5 million for the quarter. Analysts' estimates typically exclude special items.