Stone Energy (NYSE: SGY) is expected to report Q1 earnings around May 6. 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 Stone Energy's revenues will shrink -8.8% and EPS will compress -30.1%.

The average estimate for revenue is $223.5 million. On the bottom line, the average EPS estimate is $0.72.

Revenue details
Last quarter, Stone Energy recorded revenue of $254.9 million. GAAP reported sales were 14% higher than the prior-year quarter's $222.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.94. GAAP EPS of $0.88 for Q4 were 3.3% lower than the prior-year quarter's $0.91 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 73.9%, 380 basis points worse than the prior-year quarter. Operating margin was 30.9%, 210 basis points worse than the prior-year quarter. Net margin was 17.4%, 300 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $905.8 million. The average EPS estimate is $2.69.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 426 members out of 449 rating the stock outperform, and 23 members rating it underperform. Among 93 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 87 give Stone Energy a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Stone Energy is outperform, with an average price target of $33.88.

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