Talisman Energy Misses on Both Revenue and Earnings
Talisman Energy (TSX: TLM) reported earnings on Feb. 13. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Talisman Energy missed estimates on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped significantly and GAAP earnings per share increased.
Gross margins shrank, operating margins dropped, net margins increased.
Talisman Energy chalked up revenue of $1.62 billion. The seven analysts polled by S&P Capital IQ predicted a top line of $1.75 billion on the same basis. GAAP reported sales were 23% lower than the prior-year quarter's $2.08 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at -$0.10. The 15 earnings estimates compiled by S&P Capital IQ predicted $0.07 per share. GAAP EPS were $0.31 for Q4 compared to -$0.11 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 quarter, gross margin was 58.2%, 830 basis points worse than the prior-year quarter. Operating margin was -7.7%, 1,760 basis points worse than the prior-year quarter. Net margin was 23.4%, 2,900 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $1.55 billion. On the bottom line, the average EPS estimate is $0.11.
Next year's average estimate for revenue is $6.23 billion. The average EPS estimate is $0.48.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 555 members out of 580 rating the stock outperform, and 25 members rating it underperform. Among 127 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 118 give Talisman Energy a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Talisman Energy is hold, with an average price target of $14.52.
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The article Talisman Energy Misses on Both Revenue and Earnings 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 position in any of the stocks mentioned. 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.
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