Advantage Oil & Gas (NYSE: AAV ) is expected to report Q3 earnings around Nov. 8. 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 Advantage Oil & Gas's revenues will increase 13.4% and EPS will shrink to a loss.
The average estimate for revenue is $56.9 million. On the bottom line, the average EPS estimate is -$0.07.
Last quarter, Advantage Oil & Gas reported revenue of $56.8 million. GAAP reported sales were 41% lower than the prior-year quarter's $82.8 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 -$0.10. GAAP EPS were -$0.09 for Q2 against $0.01 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 54.8%, 1,720 basis points worse than the prior-year quarter. Operating margin was -19.7%, 3,520 basis points worse than the prior-year quarter. Net margin was -31.5%, 3,270 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $186.5 million. The average EPS estimate is -$0.29.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 576 members out of 607 rating the stock outperform, and 31 members rating it underperform. Among 94 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 91 give Advantage Oil & Gas a green thumbs-up, and three give it a red thumbs-down.
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