Will Quicksilver Resources Beat These Analyst Estimates?
Quicksilver Resources (NYS: KWK) is expected to report Q2 earnings on Aug. 6. 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 Quicksilver Resources's revenues will drop -23.7% and EPS will remain in the red.
The average estimate for revenue is $128.7 million. On the bottom line, the average EPS estimate is -$0.02.
Last quarter, Quicksilver Resources recorded revenue of $149.2 million. GAAP reported sales were 16% lower than the prior-year quarter's $179.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
Last quarter, non-GAAP EPS came in at -$0.04. GAAP EPS were -$0.35 for Q1 versus -$1.24 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the preceding quarter, gross margin was 45.0%, 750 basis points worse than the prior-year quarter. Operating margin was -2.6%, 750 basis points worse than the prior-year quarter. Net margin was -39.8%, much better than the prior-year quarter.
The full year's average estimate for revenue is $540.4 million. The average EPS estimate is -$0.09.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 807 members out of 837 rating the stock outperform, and 30 members rating it underperform. Among 156 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 146 give Quicksilver Resources a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Quicksilver Resources is hold, with an average price target of $3.67.
Is Quicksilver Resources 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 Quicksilver Resources to My Watchlist.
The article Will Quicksilver Resources Beat These Analyst Estimates? 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.