Kosmos Energy (NYSE: KOS ) is expected to report Q3 earnings around Nov. 4. 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 Kosmos Energy's revenues will shrink -44.5% and EPS will shrink to a loss.
The average estimate for revenue is $129.2 million. On the bottom line, the average EPS estimate is -$0.10.
Last quarter, Kosmos Energy tallied revenue of $112.7 million. GAAP reported sales were 9.5% lower than the prior-year quarter's $124.2 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 -$0.07. GAAP EPS were -$0.07 for Q2 against -$0.05 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 82.6%, 590 basis points worse than the prior-year quarter. Operating margin was 9.0%, 750 basis points worse than the prior-year quarter. Net margin was -22.1%, 1,480 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $605.3 million. The average EPS estimate is -$0.16.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 11 members out of 15 rating the stock outperform, and four members rating it underperform. Among three CAPS All-Star picks (recommendations by the highest-ranked CAPS members), three give Kosmos Energy a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kosmos Energy is outperform, with an average price target of $17.59.
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