Talisman Energy (TSX: TLM) reported earnings on Feb. 13. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Talisman Energy missed estimates on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped significantly and GAAP earnings per share increased.
Gross margins shrank, operating margins dropped, net margins increased.
Talisman Energy chalked up revenue of $1.62 billion. The seven analysts polled by S&P Capital IQ predicted a top line of $1.75 billion on the same basis. GAAP reported sales were 23% lower than the prior-year quarter's $2.08 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 -$0.10. The 15 earnings estimates compiled by S&P Capital IQ predicted $0.07 per share. GAAP EPS were $0.31 for Q4 compared to -$0.11 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 58.2%, 830 basis points worse than the prior-year quarter. Operating margin was -7.7%, 1,760 basis points worse than the prior-year quarter. Net margin was 23.4%, 2,900 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $1.55 billion. On the bottom line, the average EPS estimate is $0.11.
Next year's average estimate for revenue is $6.23 billion. The average EPS estimate is $0.48.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 555 members out of 580 rating the stock outperform, and 25 members rating it underperform. Among 127 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 118 give Talisman Energy a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Talisman Energy is hold, with an average price target of $14.52.
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