Kodiak Oil & Gas (NYS: KOG) is expected to report Q2 earnings on Aug. 2. 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 Kodiak Oil & Gas' revenues will improve 357.2% and EPS will grow 150.0%.
The average estimate for revenue is $101.1 million. On the bottom line, the average EPS estimate is $0.10.
Last quarter, Kodiak Oil & Gas reported revenue of $79.9 million. GAAP reported sales were much higher than the prior-year quarter's $13.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.09. GAAP EPS were $0.01 for Q1 versus -$0.04 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 preceding quarter, gross margin was 78.4%, 230 basis points worse than the prior-year quarter. Operating margin was 6.5%, 6,180 basis points better than the prior-year quarter. Net margin was 2.2%, 5,650 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $497.8 million. The average EPS estimate is $0.54.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 751 members out of 787 rating the stock outperform, and 36 members rating it underperform. Among 120 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 108 give Kodiak Oil & Gas a green thumbs-up, and 12 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kodiak Oil & Gas is outperform, with an average price target of $11.53.
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The article Will These Numbers From Kodiak Oil & Gas Be Good Enough for You? originally appeared on Fool.com.
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