GeoResources (Nasdaq: GEOI ) is expected to report Q2 earnings around Aug. 5. 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 GeoResources' revenue will expand 57.8% and EPS will increase 54.8%.
The average estimate for revenue is $48.7 million. On the bottom line, the average EPS estimate is $0.48.
Last quarter, GeoResources reported revenue of $44.8 million. GAAP reported sales were 60% higher than the prior-year quarter's $26.7 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 $0.44. GAAP EPS of $0.44 for Q1 were 69% higher than the prior-year quarter's $0.26 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 76.4%, 120 basis points better than the prior-year quarter. Operating margin was 44.2%, 770 basis points better than the prior-year quarter. Net margin was 26.8%, 320 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $210.1 million. The average EPS estimate is $1.99.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 489 members out of 505 rating the stock outperform, and 16 members rating it underperform. Among 66 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 63 give GeoResources 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 GeoResources is outperform, with an average price target of $37.00.
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