Concho Resources (NYSE: CXO) is expected to report Q4 earnings on Feb. 20. 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 Concho Resources's revenues will increase 10.3% and EPS will contract -13.0%.

The average estimate for revenue is $527.9 million. On the bottom line, the average EPS estimate is $1.00.

Revenue details
 Last quarter, Concho Resources booked revenue of $497.5 million. GAAP reported sales were 9.5% higher than the prior-year quarter's $454.5 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 $0.96. GAAP EPS of $0.06 for Q3 were 98% lower than the prior-year quarter's $3.44 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 81.5%, 60 basis points worse than the prior-year quarter. Operating margin was 13.0%, 12,180 basis points worse than the prior-year quarter. Net margin was 1.2%, 7,720 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.97 billion. The average EPS estimate is $3.83.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 244 members out of 262 rating the stock outperform, and 18 members rating it underperform. Among 54 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 51 give Concho Resources a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Concho Resources is outperform, with an average price target of $118.30.

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