The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Denbury Resources' revenues will improve 1.2% and EPS will shrink -8.1%.
The average estimate for revenue is $608.5 million. On the bottom line, the average EPS estimate is $0.34.
Last quarter, Denbury Resources logged revenue of $645.1 million. GAAP reported sales were 25% higher than the prior-year quarter's $511.1 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 $0.41. GAAP EPS were $0.29 for Q1 against -$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 77.5%, 210 basis points better than the prior-year quarter. Operating margin was 37.3%, 2,930 basis points better than the prior-year quarter. Net margin was 17.7%, 2,050 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.53 billion. The average EPS estimate is $1.45.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,089 members out of 1,109 rating the stock outperform, and 20 members rating it underperform. Among 249 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 248 give Denbury Resources a green thumbs-up, and one gives it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Denbury Resources is outperform, with an average price target of $25.50.
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