Goodrich Petroleum
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Goodrich Petroleum's revenues will grow 22.2% and EPS will remain in the red.
The average estimate for revenue is $55.4 million. On the bottom line, the average EPS estimate is -$0.48.
Revenue details
Last quarter, Goodrich Petroleum chalked up revenue of $48.2 million. GAAP reported sales were 6.2% lower than the prior-year quarter's $51.4 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 -$0.19. GAAP EPS were -$2.12 for Q4 compared to -$0.66 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 81.4%, 680 basis points better than the prior-year quarter. Operating margin was -130.6%, much worse than the prior-year quarter. Net margin was -156.9%, much worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $253.0 million. The average EPS estimate is -$1.78.
Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 198 members out of 225 rating the stock outperform, and 27 members rating it underperform. Among 49 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 38 give Goodrich Petroleum a green thumbs-up, and 11 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Goodrich Petroleum is outperform, with an average price target of $16.40.
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