InterOil (NYSE: IOC ) is expected to report Q2 earnings on Aug. 13. 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 InterOil's revenues will contract -7.6% and EPS will shrink to a loss.
The average estimate for revenue is $280.6 million. On the bottom line, the average EPS estimate is -$0.11.
Last quarter, InterOil reported revenue of $338.2 million. GAAP reported sales were 39% higher than the prior-year quarter's $243.4 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 $0.19. GAAP EPS of $0.19 for Q1 were much higher than the prior-year quarter's $0.01 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 10.8%, 580 basis points worse than the prior-year quarter. Operating margin was 3.7%, 100 basis points worse than the prior-year quarter. Net margin was 2.8%, 250 basis points better than the prior-year quarter.
The full 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 rating the stock outperform, and 326 members rating it underperform. Among 197 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 58 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 $80.00.