Endeavour International (NYS: END) reported earnings on May 2. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Endeavour International missed estimates on revenues and missed expectations on earnings per share.
Compared with the prior-year quarter, revenue expanded and GAAP loss per share expanded.
Gross margins expanded, operating margins dropped, net margins dropped.
Endeavour International logged revenue of $15.2 million. The six analysts polled by S&P Capital IQ expected sales of $15.6 million on the same basis. GAAP reported sales were 7.5% higher than the prior-year quarter's $14.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at -$0.42. The nine earnings estimates compiled by S&P Capital IQ averaged -$0.27 per share. GAAP EPS were -$0.94 for Q1 versus -$0.30 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 67.7%, 340 basis points better than the prior-year quarter. Operating margin was -123.3%, 14,100 basis points worse than the prior-year quarter. Net margin was -232.5%, 17,960 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $104.7 million. On the bottom line, the average EPS estimate is $0.29.
Next year's average estimate for revenue is $406.3 million. The average EPS estimate is $1.33.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 176 members out of 187 rating the stock outperform, and 11 members rating it underperform. Among 33 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 26 give Endeavour International a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Endeavour International is outperform, with an average price target of $16.25.
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At the time thisarticle was published Seth Jayson had 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 services free for 30 days. We Fools don't 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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