SandRidge Energy (NYSE: SD ) 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 SandRidge Energy's revenues will grow 46.8% and EPS will come to zero.
The average estimate for revenue is $548.9 million. On the bottom line, the average EPS estimate is $0.00.
Last quarter, SandRidge Energy booked revenue of $532.8 million. GAAP reported sales were 46% higher than the prior-year quarter's $363.8 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 $0.05. GAAP EPS were -$0.39 for Q3 compared to $1.16 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 66.9%, 200 basis points better than the prior-year quarter. Operating margin was -14.1%, much worse than the prior-year quarter. Net margin was -32.0%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $1.94 billion. The average EPS estimate is $0.17.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,459 members out of 1,518 rating the stock outperform, and 59 members rating it underperform. Among 307 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 292 give SandRidge Energy a green thumbs-up, and 15 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on SandRidge Energy is hold, with an average price target of $9.11.
Is SandRidge Energy 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.