Imperial Oil Misses on Revenues but Beats on EPS
Imperial Oil (ASE: IMO) reported earnings on Jan. 31. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Imperial Oil missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded, and GAAP earnings per share increased significantly.
Gross margins dropped, operating margins expanded, net margins improved.
Imperial Oil reported revenue of $7.99 billion. The three analysts polled by S&P Capital IQ wanted to see a top line of $8.48 billion. Sales were 21% higher than the prior-year quarter's $6.97 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
EPS came in at $1.16. The one earnings estimate compiled by S&P Capital IQ averaged $0.99 per share. GAAP EPS of $1.16 for Q4 were 23% higher than the prior-year quarter's $0.95 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 15.6%, 740 basis points worse than the prior-year quarter. Operating margin was 15.6%, 10 basis points better than the prior-year quarter. Net margin was 12.4%, 20 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $7.62 billion. On the bottom line, the average EPS estimate is $0.89.
Next year's average estimate for revenue is $30.76 billion. The average EPS estimate is $3.71.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 338 members out of 354 rating the stock outperform, and 17 members rating it underperform. Among 107 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 103 give Imperial Oil a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Imperial Oil is hold, with an average price target of $46.87.
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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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