Earnings Surprise Are On Cards For SilverBow Resorces, Inc. ($SBOW)?

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SilverBow Resorces, Inc. (NYSE:SBOW) is reporting second quarter earnings results on Tuesday 4th August 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.23 per share.

For the full year, analysts predict revenues of $ 177.15 million, while looking forward to income of $ 2.68 per share.

Previous Quarter Performance

SilverBow Resorces, Inc. unveiled income for the first quarter of $ 0.12 per share, from the revenue of $ 53.38 million. The quarterly earnings shrunk 93.33 percent while revenues dropped 25.92 percent compared with the same quarter last year.
Wall street analysts are predicting, SBOW to report 1Q20 income of $ 0.87 per share from revenue of $ 59.40 million. The bottom line results missed street analysts by $ 0.75 or 86.21 percent, at the same time, top line results fell short of analysts by $ 6.02 million or 10.13 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of SilverBow Resorces, Inc.

Stock Performance

According to the previous trading day, closing price of SBOW was $ 3.79, representing a 152.67 % increase from the 52 week low of $ 1.50 and a 70.73 % decrease over the 52 week high of $ 12.95.

The company has a market capital of $ 45.05 million and is part of the Energy sector and Oil & Gas E&P industry.

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SilverBow Resources, Inc., an energy company, engages in the exploration, development, and production of oil and gas from the Eagle Ford Shale in South Texas. As of December 31, 2018, it had proved reserves of 1,345 MMcfe. The company was formerly known as Swift Energy Company and changed its name to SilverBow Resources, Inc.