The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Linn Energy's revenues will wane -28.2% and EPS will shrink -19.4%.
The average estimate for revenue is $575.0 million. On the bottom line, the average EPS estimate is $0.25.
Last quarter, Linn Energy tallied revenue of $369.1 million. GAAP reported sales were 36% higher than the prior-year quarter's $352.1 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 $0.16. GAAP EPS were -$0.96 for Q1 compared to -$0.04 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 74.2%, 230 basis points worse than the prior-year quarter. Operating margin was -8.6%, much worse than the prior-year quarter. Net margin was -46.5%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $2.51 billion. The average EPS estimate is $1.02.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,091 members out of 1,132 rating the stock outperform, and 41 members rating it underperform. Among 233 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 224 give Linn Energy a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Linn Energy is outperform, with an average price target of $44.50.
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