Oasis Petroleum (NYSE: OAS ) is expected to report Q4 earnings around Feb. 22. 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 Oasis Petroleum's revenues will expand 80.8% and EPS will contract -19.0%.
The average estimate for revenue is $211.3 million. On the bottom line, the average EPS estimate is $0.47.
Last quarter, Oasis Petroleum reported revenue of $184.7 million. GAAP reported sales were much higher than the prior-year quarter's $87.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.38. GAAP EPS of $0.20 for Q3 were 72% lower than the prior-year quarter's $0.72 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 77.9%, 70 basis points worse than the prior-year quarter. Operating margin was 26.9%, 10,040 basis points worse than the prior-year quarter. Net margin was 9.9%, 6,580 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $684.5 million. The average EPS estimate is $1.49.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 134 members out of 136 rating the stock outperform, and two members rating it underperform. Among 37 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 36 give Oasis Petroleum a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Oasis Petroleum is outperform, with an average price target of $38.67.
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