Can Southwestern Energy Beat These Numbers?
Southwestern Energy (NYS: SWN) is expected to report Q3 earnings on Nov. 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 Southwestern Energy's revenues will shrink -11.7% and EPS will compress -36.0%.
The average estimate for revenue is $489.4 million. On the bottom line, the average EPS estimate is $0.32.
Last quarter, Southwestern Energy chalked up revenue of $430.7 million. GAAP reported sales were 22% lower than the prior-year quarter's $765.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.26. GAAP EPS were -$1.40 for Q2 against $0.48 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 69.3%, 260 basis points better than the prior-year quarter. Operating margin was 24.7%, 1,220 basis points worse than the prior-year quarter. Net margin was -81.4%, 10,330 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.87 billion. The average EPS estimate is $1.25.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 992 members out of 1,032 rating the stock outperform, and 40 members rating it underperform. Among 177 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 171 give Southwestern Energy a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Southwestern Energy is outperform, with an average price target of $36.63.
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The article Can Southwestern Energy Beat These Numbers? 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.