Sanchez Energy Turns To Profit In Q4 - Quick Facts

(RTTNews) - Sanchez Energy Corp. (SN) Wednesday reported that its fourth-quarter net income attributable to common stockholders was $8.4 million, or $0.19 per share, compared to net loss of $1.1 million, or $0.03 per share for the year-ago period.

Adjusted net income attributable to common stockholders for the latest fourth quarter was $11.5 million, or $0.27 per share, up from $1.6 million or $0.05 per share in the comparable quarter last year. On average, 18 analysts polled by Thomson Reuters expected the company to earn $0.34 per share. Analysts' estimates Typically exclude special items.

Total revenues surged to $130.10 million from $16.70 million in the year-ago period, while fourteen analysts expected revenues of $133.72 million.