Swift Energy (NYS: SFY) is expected to report Q3 earnings on Nov. 1. 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 Swift Energy's revenues will wane -5.4% and EPS will wither -94.9%.
The average estimate for revenue is $134.9 million. On the bottom line, the average EPS estimate is $0.02.
Last quarter, Swift Energy logged revenue of $134.8 million. GAAP reported sales were 17% lower than the prior-year quarter's $159.2 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 $0.07. GAAP EPS of $0.07 for Q2 were 93% lower than the prior-year quarter's $0.95 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 77.7%, 550 basis points worse than the prior-year quarter. Operating margin was 14.0%, 1,770 basis points worse than the prior-year quarter. Net margin was 2.3%, 2,350 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $568.8 million. The average EPS estimate is $0.43.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 256 members out of 280 rating the stock outperform, and 24 members rating it underperform. Among 47 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 42 give Swift Energy a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Swift Energy is outperform, with an average price target of $36.07.
Is Swift Energy the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.
Add Swift Energy to My Watchlist.
The article What Does Wall Street See for Swift Energy's Q3? 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
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.