The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Quicksilver Resources' revenues will decrease -26.4% and EPS will shrink to a loss.
The average estimate for revenue is $182.9 million. On the bottom line, the average EPS estimate is -$0.06.
Last quarter, Quicksilver Resources reported revenue of $145.5 million. GAAP reported sales were 13% lower than the prior-year quarter's $211.8 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 -$0.09. GAAP EPS were -$0.35 for Q1 against -$0.42 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 53.9%, 500 basis points worse than the prior-year quarter. Operating margin was -10.0%, 3,280 basis points worse than the prior-year quarter. Net margin was -32.4%, 100 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $732.4 million. The average EPS estimate is -$0.25.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 839 members out of 866 rating the stock outperform, and 27 members rating it underperform. Among 187 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 178 give Quicksilver Resources 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 Quicksilver Resources is hold, with an average price target of $8.29.
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