Questar Earnings Preview
Investors hope Questar (NYS: STR) will top analyst estimates once again after beating predictions by $0.03 in the previous quarter. The company will unveil its latest earnings on Tuesday, Feb. 14. Questar is a natural gas-focused energy company with five major lines of business: gas and oil exploration and production; midstream field services; energy marketing; interstate gas transportation; and retail gas distribution.
What analysts say:
- Buy, sell, or hold?: Analysts think investors should stand pat on Questar, with six out of eight analysts rating it a hold. Analysts don't like Questar as much as competitor Double Eagle Petroleum overall. Two out of three analysts rate Double Eagle Petroleum a buy compared to one out of eight for Questar. While analysts still rate the stock a hold, they are a little more optimistic about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $356.8 million in revenue this quarter. That would represent a decline of 1.6% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.34 per share. Estimates range from $0.31 to $0.36.
What our community says:
CAPS All-Stars are solidly backing the stock, with 93.5% awarding it an outperform rating. The community at large is in line with the All-Stars, with 94.5% assigning it a rating of outperform. Fools have embraced Questar, though the message boards have been quiet lately, with only 83 posts in the past 30 days. Even with a robust four out of five stars, Questar's CAPS rating falls a little short of the community's upbeat outlook.
Questar's income has fallen year over year by an average of 34.8% over the past five quarters. The company's revenue has now risen for two straight quarters. The company's gross margin shrank by 3.3 percentage points in the last quarter. Revenue rose 1% while cost of sales rose 9% to $65.4 million from a year earlier.
For all our Questar-specific analysis, including earnings and beyond, add Questar to My Watchlist.
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At the time this article was published
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