Kodiak Oil & Gas (NYSE: KOG ) is expected to report Q4 earnings on Feb. 28. 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 Kodiak Oil & Gas's revenues will expand 163.3% and EPS will turn positive
The average estimate for revenue is $144.9 million. On the bottom line, the average EPS estimate is $0.13.
Last quarter, Kodiak Oil & Gas logged revenue of $112.1 million. GAAP reported sales were much higher than the prior-year quarter's $29.5 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 $0.13. GAAP EPS of $0.01 for Q3 were 93% lower than the prior-year quarter's $0.15 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 79.5%, 150 basis points better than the prior-year quarter. Operating margin was 4.2%, 9,940 basis points worse than the prior-year quarter. Net margin was 3.1%, 10,140 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $424.9 million. The average EPS estimate is $0.46.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 800 members out of 836 rating the stock outperform, and 36 members rating it underperform. Among 129 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 120 give Kodiak Oil & Gas a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kodiak Oil & Gas is outperform, with an average price target of $11.28.
Is Kodiak Oil & Gas 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.