It's Showtime for Cimarex Energy
Cimarex Energy (NYS: XEC) is expected to report Q4 earnings on Feb. 19. 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 Cimarex Energy's revenues will shrink -1.0% and EPS will drop -26.4%.
The average estimate for revenue is $426.0 million. On the bottom line, the average EPS estimate is $1.03.
Last quarter, Cimarex Energy tallied revenue of $406.9 million. GAAP reported sales were 6.2% lower than the prior-year quarter's $433.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.01. GAAP EPS of $0.97 for Q3 were 35% lower than the prior-year quarter's $1.49 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 79.7%, 130 basis points worse than the prior-year quarter. Operating margin was 32.0%, 1,490 basis points worse than the prior-year quarter. Net margin was 20.7%, 880 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.61 billion. The average EPS estimate is $4.10.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 520 members out of 542 rating the stock outperform, and 22 members rating it underperform. Among 119 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 114 give Cimarex 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 Cimarex Energy is outperform, with an average price target of $75.94.
Is Cimarex 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 Cimarex Energy to My Watchlist.
The article It's Showtime for Cimarex Energy 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 owns shares of Cimarex Energy Co. 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 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.