Anadarko Petroleum Beats Up on Analysts Yet Again

Anadarko Petroleum (NYSE: APC  ) reported earnings on Feb. 4. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Anadarko Petroleum beat slightly on revenues and crushed expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped and GAAP earnings per share grew.

Gross margins dropped, operating margins expanded, net margins grew.

Revenue details
Anadarko Petroleum reported revenue of $3.41 billion. The 14 analysts polled by S&P Capital IQ expected a top line of $3.36 billion on the same basis. GAAP reported sales were 3.7% lower than the prior-year quarter's $3.54 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.91. The 25 earnings estimates compiled by S&P Capital IQ predicted $0.72 per share. GAAP EPS were $0.40 for Q4 versus -$0.72 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 79.5%, 10 basis points worse than the prior-year quarter. Operating margin was 14.4%, 2,470 basis points better than the prior-year quarter. Net margin was 6.0%, 1,610 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $3.54 billion. On the bottom line, the average EPS estimate is $0.86.

Next year's average estimate for revenue is $14.86 billion. The average EPS estimate is $4.12.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,444 members out of 1,491 rating the stock outperform, and 47 members rating it underperform. Among 338 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 331 give Anadarko Petroleum 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 Anadarko Petroleum is outperform, with an average price target of $98.02.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


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