QEP Resources
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict QEP Resources's revenues will wane -15.8% and EPS will shrink -43.1%.
The average estimate for revenue is $718.7 million. On the bottom line, the average EPS estimate is $0.33.
Revenue details
Last quarter, QEP Resources booked revenue of $542.4 million. GAAP reported sales were 38% lower than the prior-year quarter's $879.9 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 $0.19. GAAP EPS were -$0.02 for Q3 compared to $0.57 per share for the prior-year quarter.
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 50.7%, 430 basis points better than the prior-year quarter. Operating margin was 6.1%, 1,530 basis points worse than the prior-year quarter. Net margin was -0.6%, 1,210 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $2.55 billion. The average EPS estimate is $1.23.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 58 members out of 61 rating the stock outperform, and three members rating it underperform. Among 18 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 16 give QEP Resources a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on QEP Resources is outperform, with an average price target of $38.07.
Is QEP Resources the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.
- Add QEP Resources to My Watchlist.
