Newfield Exploration
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Newfield Exploration's revenues will grow 0.5% and EPS will drop -36.1%.
The average estimate for revenue is $631.2 million. On the bottom line, the average EPS estimate is $0.39.
Revenue details
Last quarter, Newfield Exploration tallied revenue of $651.0 million. GAAP reported sales were 4.0% lower than the prior-year quarter's $678.0 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 $0.45. GAAP EPS were -$0.06 for Q1 versus $0.86 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 63.4%, 560 basis points worse than the prior-year quarter. Operating margin was 9.4%, much worse than the prior-year quarter. Net margin was -1.2%, much worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $2.56 billion. The average EPS estimate is $1.68.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 316 members out of 337 rating the stock outperform, and 21 members rating it underperform. Among 82 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 79 give Newfield Exploration a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Newfield Exploration is outperform, with an average price target of $34.47.
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