Panhandle Oil and Gas' Upcoming Earnings: What You Need to Know
Panhandle Oil and Gas (NYS: PHX) is expected to report Q3 earnings around Aug. 6. 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 Panhandle Oil and Gas' revenue will decrease 20.0%.
The average estimate for revenue is $9.3 million. On the bottom line, the average EPS estimate is $0.03.
Last quarter, Panhandle Oil and Gas booked revenue of $10.4 million. GAAP reported sales were 11% lower than the prior-year quarter's $10.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.08. GAAP EPS of $0.08 for Q2 were 62% lower than the prior-year quarter's $0.21 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 75.4%, 170 basis points worse than the prior-year quarter. Operating margin was 11.5%, 880 basis points worse than the prior-year quarter. Net margin was 6.9%, 930 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $42.5 million. The average EPS estimate is $0.66.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 228 members out of 234 rating the stock outperform, and six members rating it underperform. Among 48 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 47 give Panhandle Oil and Gas a green thumbs-up, and one gives it a red thumbs-down.
Over the decades, small-cap stocks like Panhandle Oil and Gas have provided market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: 2 Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.
- Add Panhandle Oil and Gas to My Watchlist.
The article Panhandle Oil and Gas' Upcoming Earnings: What You Need to Know originally appeared on Fool.com.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. The Motley Fool has no positions in the stocks mentioned above. 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.