The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Ivanhoe Energy's revenues will increase 27.8% and EPS will remain in the red.
The average estimate for revenue is $12.2 million. On the bottom line, the average EPS estimate is -$0.04.
Last quarter, Ivanhoe Energy tallied revenue of $7.9 million. GAAP reported sales were 2.6% lower than the prior-year quarter's $8.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at -$0.03. GAAP EPS of -$0.03 were the same as 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 41.2%, 310 basis points worse than the prior-year quarter. Operating margin was -114.6%, 2,890 basis points better than the prior-year quarter. Net margin was -134.8%, 220 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $50.9 million. The average EPS estimate is -$0.14.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 278 members out of 309 rating the stock outperform, and 31 members rating it underperform. Among 29 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 17 give Ivanhoe Energy a green thumbs-up, and 12 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ivanhoe Energy is outperform, with an average price target of $1.74.
How did Ivanhoe Energy treat you during the oil spike in 2008 and the subsequent bust? More importantly, what are you doing to prepare for the next spike that some experts believe another spike may be just around the corner? Prepare yourself with a well-positioned energy stock we profile in "The Only Energy Stock You'll Ever Need." Click here for instant access to this free report.
- Add Ivanhoe Energy to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.