Southwestern Energy (NYSE: SWN ) is expected to report Q3 earnings on Nov. 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 Southwestern Energy's revenues will shrink -11.7% and EPS will compress -36.0%.
The average estimate for revenue is $489.4 million. On the bottom line, the average EPS estimate is $0.32.
Last quarter, Southwestern Energy chalked up revenue of $430.7 million. GAAP reported sales were 22% lower than the prior-year quarter's $765.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.26. GAAP EPS were -$1.40 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 preceding quarter, gross margin was 69.3%, 260 basis points better than the prior-year quarter. Operating margin was 24.7%, 1,220 basis points worse than the prior-year quarter. Net margin was -81.4%, 10,330 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.87 billion. The average EPS estimate is $1.25.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 992 members out of 1,032 rating the stock outperform, and 40 members rating it underperform. Among 177 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 171 give Southwestern Energy a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Southwestern Energy is outperform, with an average price target of $36.63.
Is Southwestern Energy 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 Southwestern Energy to My Watchlist.