Magnum Hunter Resources (NYSE: MHR ) is expected to report Q4 earnings around Feb. 24. 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 Magnum Hunter Resources's revenues will grow 71.7% and EPS will remain in the red.
The average estimate for revenue is $84.3 million. On the bottom line, the average EPS estimate is -$0.08.
Last quarter, Magnum Hunter Resources logged revenue of $69.8 million. GAAP reported sales were much higher than the prior-year quarter's $27.0 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 -$0.08. GAAP EPS were -$0.25 for Q3 versus -$0.02 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 preceding quarter, gross margin was 71.1%, 850 basis points better than the prior-year quarter. Operating margin was -28.6%, 4,580 basis points worse than the prior-year quarter. Net margin was -49.5%, 5,690 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $269.8 million. The average EPS estimate is -$0.28.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 154 members out of 171 rating the stock outperform, and 17 members rating it underperform. Among 26 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 19 give Magnum Hunter Resources 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 Magnum Hunter Resources is buy, with an average price target of $6.94.
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