Superior Energy Services (NYS: SPN) reported earnings on Feb. 23. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Superior Energy Services beat expectations on revenues and beat slightly on earnings per share.
Compared with the prior-year quarter, revenue improved significantly and GAAP earnings per share grew significantly.
Margins grew across the board.
Superior Energy Services logged revenue of $580.0 million. The eight analysts polled by S&P Capital IQ expected sales of $567.4 million on the same basis. GAAP reported sales were 27% higher than the prior-year quarter's $456.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $0.67. The 13 earnings estimates compiled by S&P Capital IQ predicted $0.66 per share on the same basis. GAAP EPS of $0.24 for Q4 were 500% higher than the prior-year quarter's $0.04 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 46.3%, 260 basis points better than the prior-year quarter. Operating margin was 16.1%, 600 basis points better than the prior-year quarter. Net margin was 3.3%, 260 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $860.6 million. On the bottom line, the average EPS estimate is $0.69.
Next year's average estimate for revenue is $4.80 billion. The average EPS estimate is $3.44.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 825 members out of 838 rating the stock outperform, and 13 members rating it underperform. Among 234 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 231 give Superior Energy Services a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Superior Energy Services is buy, with an average price target of $41.10.
How did Superior Energy Services treat you during the oil spike in 2008 and the subsequent bust? More importantly, what are you doing to prepare for the next spike that some experts believe another spike may be just around the corner? Prepare yourself with a well-positioned energy stock we profile in "The Only Energy Stock You'll Ever Need." Get instant access to this free report.
Add Superior Energy Services to My Watchlist.
At the time thisarticle was published Seth Jaysonhad no position in any company mentioned here at the time of publication. You can view his stock holdings. He is the 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 servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.