QEP Resources
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict QEP Resources' revenues will compress 13.7% and EPS will wane 19.0%.
The average estimate for revenue is $677.1 million. On the bottom line, the average EPS estimate is $0.34.
Revenue details
Last quarter, QEP Resources booked revenue of $603.2 million. GAAP reported sales were 2.4% lower than the prior-year quarter's $617.9 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 $0.41. GAAP EPS of $0.87 for Q1 were 112% higher than the prior-year quarter's $0.41 per share.
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 48.4%, 1,110 basis points worse than the prior-year quarter. Operating margin was 44.3%, 2,210 basis points better than the prior-year quarter. Net margin was 25.7%, 1,390 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $2.80 billion. The average EPS estimate is $1.60.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 52 members out of 55 rating the stock outperform, and three members rating it underperform. Among 12 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 10 give QEP Resources a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on QEP Resources is outperform, with an average price target of $44.19.
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