Southwestern Energy Co. Q2 adjusted earnings Beat Estimates

(RTTNews) - Southwestern Energy Co. (SWN) released earnings for second quarter that fell from last year.

The company's earnings came in at $51 million, or $0.09 per share. This compares with $224 million, or $0.45 per share, in last year's second quarter.

Excluding items, Southwestern Energy Co. reported adjusted earnings of $105 million or $0.18 per share for the period.

Analysts had expected the company to earn $0.16 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.6% to $816 million from $811 million last year.

Southwestern Energy Co. earnings at a glance:

-Earnings (Q2): $105 Mln. vs. $40 Mln. last year. -EPS (Q2): $0.18 vs. $0.08 last year. -Analysts Estimate: $0.16 -Revenue (Q2): $816 Mln vs. $811 Mln last year.