InterOil (NYSE: IOC ) reported earnings on Aug. 13. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), InterOil beat expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped slightly and GAAP earnings per share contracted to a loss.
Margins dropped across the board.
InterOil logged revenue of $299.1 million. The one analyst polled by S&P Capital IQ looked for a top line of $280.6 million on the same basis. GAAP reported sales were 1.4% lower than the prior-year quarter's $303.4 million.
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 -$0.16. The one earnings estimate compiled by S&P Capital IQ forecast -$0.11 per share. GAAP EPS were -$0.66 for Q2 against $0.48 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 -5.4%, 1,630 basis points worse than the prior-year quarter. Operating margin was -12.2%, 1,830 basis points worse than the prior-year quarter. Net margin was -10.6%, 1,840 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $243.2 million. On the bottom line, the average EPS estimate is -$0.16.
Next year's average estimate for revenue is $1.09 billion. The average EPS estimate is -$0.26.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 268 members out of 595 rating the stock outperform, and 327 members rating it underperform. Among 196 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 57 give InterOil a green thumbs-up, and 139 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on InterOil is outperform, with an average price target of $70.00.
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