Can Concho Resources Meet These Numbers?
Feb 18th 2013 1:05AM
Updated Feb 18th 2013 1:10AM
Concho Resources (NYS: CXO) is expected to report Q4 earnings on Feb. 20. 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 Concho Resources's revenues will increase 10.3% and EPS will contract -13.0%.
The average estimate for revenue is $527.9 million. On the bottom line, the average EPS estimate is $1.00.
Last quarter, Concho Resources booked revenue of $497.5 million. GAAP reported sales were 9.5% higher than the prior-year quarter's $454.5 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 $0.96. GAAP EPS of $0.06 for Q3 were 98% lower than the prior-year quarter's $3.44 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 81.5%, 60 basis points worse than the prior-year quarter. Operating margin was 13.0%, 12,180 basis points worse than the prior-year quarter. Net margin was 1.2%, 7,720 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.97 billion. The average EPS estimate is $3.83.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 244 members out of 262 rating the stock outperform, and 18 members rating it underperform. Among 54 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 51 give Concho Resources a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Concho Resources is outperform, with an average price target of $118.30.
Is Concho 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 Concho Resources to My Watchlist.
The article Can Concho Resources Meet These Numbers? 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 of Motley 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.