Swift Energy (NYSE: SFY ) is expected to report Q2 earnings on Aug. 2. 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 Swift Energy's revenues will wane -16.7% and EPS will shrink to a loss.
The average estimate for revenue is $131.1 million. On the bottom line, the average EPS estimate is -$0.04.
Last quarter, Swift Energy recorded revenue of $135.9 million. GAAP reported sales were 5.6% lower than the prior-year quarter's $144.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.08. GAAP EPS of $0.08 for Q1 were 83% lower than the prior-year quarter's $0.47 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 78.5%, 390 basis points worse than the prior-year quarter. Operating margin was 14.2%, 1,420 basis points worse than the prior-year quarter. Net margin was 2.6%, 1,140 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $572.6 million. The average EPS estimate is $0.28.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 259 members out of 283 rating the stock outperform, and 24 members rating it underperform. Among 47 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 43 give Swift Energy a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Swift Energy is outperform, with an average price target of $43.72.