Will Advantage Oil & Gas Beat These Analyst Estimates?

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Advantage Oil & Gas (NYS: AAV) is expected to report Q3 earnings around Nov. 8. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Advantage Oil & Gas's revenues will increase 13.4% and EPS will shrink to a loss.

The average estimate for revenue is $56.9 million. On the bottom line, the average EPS estimate is -$0.07.


Revenue details
Last quarter, Advantage Oil & Gas reported revenue of $56.8 million. GAAP reported sales were 41% lower than the prior-year quarter's $82.8 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at -$0.10. GAAP EPS were -$0.09 for Q2 against $0.01 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 54.8%, 1,720 basis points worse than the prior-year quarter. Operating margin was -19.7%, 3,520 basis points worse than the prior-year quarter. Net margin was -31.5%, 3,270 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $186.5 million. The average EPS estimate is -$0.29.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 576 members out of 607 rating the stock outperform, and 31 members rating it underperform. Among 94 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 91 give Advantage Oil & Gas a green thumbs-up, and three give it a red thumbs-down.

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The article Will Advantage Oil & Gas Beat These Analyst Estimates? originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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