Energen Beats Up on Analysts Yet Again
Energen (NYS: EGN) reported earnings on Jan. 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Energen whiffed on revenues and beat slightly on earnings per share.
Compared to the prior-year quarter, revenue contracted significantly, and earnings per share contracted significantly.
Margins dropped across the board.
Energen chalked up revenue of $288.1 million. The three analysts polled by S&P Capital IQ expected revenue of $382.9 million. Sales were 16% lower than the prior-year quarter's $374.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
Non-GAAP EPS came in at $0.98. The 11 earnings estimates compiled by S&P Capital IQ forecast $0.97 per share on the same basis. GAAP EPS of $0.20 for Q4 were 82% lower than the prior-year quarter's $1.12 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 48.7%, 1,820 basis points worse than the prior-year quarter. Operating margin was 11.0%, 2,850 basis points worse than the prior-year quarter. Net margin was 5%, 1,840 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $321 million. On the bottom line, the average EPS estimate is $1.28.
Next year's average estimate for revenue is $1.66 billion. The average EPS estimate is $3.96.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 260 members out of 269 rating the stock outperform, and nine members rating it underperform. Among 79 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 78 give Energen a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Energen is outperform, with an average price target of $67.60.
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At the time this article was published 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. 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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