Sanchez Energy Corp (SN) Scheduled to Post Quarterly Earnings on Wednesday
Sanchez Energy Corp (NYSE:SN) will be issuing its Q213 quarterly earnings data on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $145.56 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
Sanchez Energy Corp (NYSE:SN) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $0.05. The company had revenue of $134.60 million for the quarter, compared to the consensus estimate of $129.26 million. During the same quarter in the previous year, the company posted $0.13 earnings per share. The company’s revenue for the quarter was up 337.0% on a year-over-year basis. On average, analysts expect Sanchez Energy Corp to post $1.20 EPS for the current fiscal year and $1.87 EPS for the next fiscal year.
Shares of Sanchez Energy Corp (NYSE:SN) opened at 31.23 on Tuesday. Sanchez Energy Corp has a 1-year low of $20.40 and a 1-year high of $38.95. The stock’s 50-day moving average is $34.66 and its 200-day moving average is $30.78. The company’s market cap is $1.548 billion.
SN has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Sanchez Energy Corp from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 8th. They now have a $36.30 price target on the stock. On the ratings front, analysts at KLR Group raised their price target on shares of Sanchez Energy Corp from $1.00 to $39.00 in a research note on Monday, June 30th. They now have an “accumulate” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Sanchez Energy Corp from $41.00 to $44.00 in a research note on Tuesday, June 24th. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. Sanchez Energy Corp has an average rating of “Buy” and an average target price of $39.42.
Sanchez Energy Corporation is an independent exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources in the onshore United States Gulf Coast.
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