What Does Wall Street See for Panhandle Oil and Gas's Q1?

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Panhandle Oil and Gas (NYS: PHX) is expected to report Q1 earnings around Dec. 16. 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 Panhandle Oil and Gas's revenues will drop -21.1% and EPS will compress -58.5%.

The average estimate for revenue is $10.6 million. On the bottom line, the average EPS estimate is $0.17.


Revenue details
Last quarter, Panhandle Oil and Gas chalked up revenue of $11.0 million. GAAP reported sales were 6.2% lower than the prior-year quarter's $11.8 million.

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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, EPS came in at $0.02. GAAP EPS of $0.02 for Q4 were 94% lower than the prior-year quarter's $0.32 per share.

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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 73.3%, 650 basis points worse than the prior-year quarter. Operating margin was 4.4%, 2,510 basis points worse than the prior-year quarter. Net margin was 1.7%, 2,080 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $45.1 million. The average EPS estimate is $0.88.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 231 members out of 236 rating the stock outperform, and five members rating it underperform. Among 45 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Panhandle Oil and Gas a green thumbs-up, and one give it a red thumbs-down.

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The article What Does Wall Street See for Panhandle Oil and Gas's Q1? 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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