TransGlobe Energy (Nasdaq: TGA ) is expected to report Q1 earnings on May 7. 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 TransGlobe Energy's revenues will contract -10.7% and EPS will expand 80.0%.
The average estimate for revenue is $69.0 million. On the bottom line, the average EPS estimate is $0.27.
Last quarter, TransGlobe Energy reported revenue of $92.4 million. GAAP reported sales were 52% higher than the prior-year quarter's $60.6 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 $0.60. GAAP EPS of $0.42 for Q4 were 2.4% higher than the prior-year quarter's $0.41 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 81.2%, 190 basis points worse than the prior-year quarter. Operating margin was 60.0%, 160 basis points better than the prior-year quarter. Net margin was 37.7%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $338.6 million. The average EPS estimate is $1.39.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 513 members out of 536 rating the stock outperform, and 23 members rating it underperform. Among 91 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 90 give TransGlobe Energy a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on TransGlobe Energy is outperform, with an average price target of $16.59.
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