Basic Energy Services (NYSE: BAS) is expected to report Q4 earnings on Feb. 19. 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 Basic Energy Services's revenues will contract -16.5% and EPS will shrink to a loss.
The average estimate for revenue is $295.9 million. On the bottom line, the average EPS estimate is -$0.17.
Revenue details
Last quarter, Basic Energy Services booked revenue of $340.4 million. GAAP reported sales were 1.6% lower than the prior-year quarter's $346.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $0.21. GAAP EPS of $0.16 for Q3 were 75% lower than the prior-year quarter's $0.64 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 34.7%, 480 basis points worse than the prior-year quarter. Operating margin was 8.4%, 810 basis points worse than the prior-year quarter. Net margin was 1.9%, 580 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $1.37 billion. The average EPS estimate is $0.92.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 316 members out of 336 rating the stock outperform, and 20 members rating it underperform. Among 84 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 77 give Basic Energy Services 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 Basic Energy Services is hold, with an average price target of $14.92.
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