DENVER (AP) _ SM Energy Co. (SM) on Thursday reported third-quarter profit of $481.2 million.

The Denver-based company said it had net income of $3.87 per share. Earnings, adjusted for non-recurring gains, were $1.82 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share.

The independent oil and gas company posted revenue of $835.5 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $699.9 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SM at https://www.zacks.com/ap/SM

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