Panhandle Oil and Gas (NYS: PHX) is expected to report Q1 earnings around Dec. 16. 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's revenues will drop -21.1% and EPS will compress -58.5%.
The average estimate for revenue is $10.6 million. On the bottom line, the average EPS estimate is $0.17.
Last quarter, Panhandle Oil and Gas chalked up revenue of $11.0 million. GAAP reported sales were 6.2% lower than the prior-year quarter's $11.8 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 $0.02. GAAP EPS of $0.02 for Q4 were 94% lower than the prior-year quarter's $0.32 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 73.3%, 650 basis points worse than the prior-year quarter. Operating margin was 4.4%, 2,510 basis points worse than the prior-year quarter. Net margin was 1.7%, 2,080 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $45.1 million. The average EPS estimate is $0.88.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 231 members out of 236 rating the stock outperform, and five members rating it underperform. Among 45 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Panhandle Oil and Gas a green thumbs-up, and one give it a red thumbs-down.
Is Panhandle Oil and Gas 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 Panhandle Oil and Gas to My Watchlist.
The article What Does Wall Street See for Panhandle Oil and Gas's Q1? originally appeared on Fool.com.