Investors hope GeoResources
What analysts say:
- Buy, sell, or hold?: Analysts strongly back GeoResources, with 10 out of 14 rating it a buy and the remainder rating it a hold. Analysts don't like GeoResources as much as competitor Resolute Energy overall. GeoResources' rating hasn't changed over the past three months.
- Revenue forecasts: On average, analysts predict $37.4 million in revenue this quarter. That would represent a rise of 38.1% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.38 per share. Estimates range from $0.31 to $0.43.
What our community says:
CAPS All-Stars are enthusiastically backing the stock, with 97.1% granting it an outperform rating. The greater community agrees with the All-Stars, as 97% give it a rating of outperform. Even with a robust four out of five stars, GeoResources' CAPS rating falls a little short of the community's upbeat outlook.
GeoResources' profit has risen year over year by an average of 61.3% over the past five quarters. Revenue has now gone up for three straight quarters.
One final thing: If you want to keep tabs on GeoResources' movements, and for more analysis on the company, make sure you add it to your Watchlist.
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