Continental Resources
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Continental Resources's revenues will expand 42.9% and EPS will grow 48.7%.
The average estimate for revenue is $772.3 million. On the bottom line, the average EPS estimate is $1.13.
Revenue details
Last quarter, Continental Resources notched revenue of $679.3 million. GAAP reported sales were 31% higher than the prior-year quarter's $516.7 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 $1.04. GAAP EPS were $1.20 for Q4 against -$0.62 per share for the prior-year quarter.
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 80.8%, 150 basis points worse than the prior-year quarter. Operating margin was 43.7%, much better than the prior-year quarter. Net margin was 32.5%, much better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $3.50 billion. The average EPS estimate is $5.11.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 704 members out of 735 rating the stock outperform, and 31 members rating it underperform. Among 106 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 98 give Continental Resources 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 Continental Resources is outperform, with an average price target of $97.67.
Is Continental Resources 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.
- Add Continental Resources to My Watchlist.
