Talisman Energy (TSX: TLM) reported earnings on Oct. 30. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Talisman Energy met expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue shrank and GAAP earnings per share dropped to a loss.
Margins contracted across the board.
Talisman Energy booked revenue of $1.75 billion. The eight analysts polled by S&P Capital IQ predicted sales of $1.77 billion on the same basis. GAAP reported sales were 12% lower than the prior-year quarter's $1.96 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at -$0.04. The 15 earnings estimates compiled by S&P Capital IQ predicted $0.05 per share. GAAP EPS were -$0.71 for Q3 compared to $0.24 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 quarter, gross margin was 61.4%, 770 basis points worse than the prior-year quarter. Operating margin was 8.7%, 3,960 basis points worse than the prior-year quarter. Net margin was -42.5%, 6,910 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $1.81 billion. On the bottom line, the average EPS estimate is $0.10.
Next year's average estimate for revenue is $7.53 billion. The average EPS estimate is $0.30.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 559 members out of 582 rating the stock outperform, and 23 members rating it underperform. Among 125 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 118 give Talisman Energy a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Talisman Energy is outperform, with an average price target of $15.44.
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