Carrizo Oil & Gas (Nasdaq: CRZO ) is expected to report Q4 earnings on Feb. 26. 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 Carrizo Oil & Gas's revenues will expand 62.1% and EPS will expand 52.2%.
The average estimate for revenue is $107.5 million. On the bottom line, the average EPS estimate is $0.35.
Last quarter, Carrizo Oil & Gas reported revenue of $105.9 million. GAAP reported sales were 86% higher than the prior-year quarter's $51.7 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 $0.44. GAAP EPS were -$0.02 for Q3 against $0.55 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 89.0%, 570 basis points better than the prior-year quarter. Operating margin was 9.7%, 7,270 basis points worse than the prior-year quarter. Net margin was -1.0%, 4,290 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $396.3 million. The average EPS estimate is $1.46.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 260 members out of 291 rating the stock outperform, and 31 members rating it underperform. Among 62 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 54 give Carrizo Oil & Gas a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Carrizo Oil & Gas is outperform, with an average price target of $33.79.
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