Energy XXI (Bermuda) (Nasdaq: EXXI) is expected to report Q1 earnings around Oct. 25. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Energy XXI (Bermuda)'s revenues will shrink -2.7% and EPS will drop -40.8%.

The average estimate for revenue is $277.2 million. On the bottom line, the average EPS estimate is $0.45.

Revenue details
Last quarter, Energy XXI (Bermuda) logged revenue of $341.9 million. GAAP reported sales were 21% higher than the prior-year quarter's $282.8 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, EPS came in at $0.93. GAAP EPS of $0.93 for Q4 were 158% higher than the prior-year quarter's $0.36 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 72.5%, 560 basis points better than the prior-year quarter. Operating margin was 34.0%, 620 basis points better than the prior-year quarter. Net margin was 23.7%, 1,120 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.48 billion. The average EPS estimate is $3.76.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 196 members out of 208 rating the stock outperform, and 12 members rating it underperform. Among 45 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Energy XXI (Bermuda) a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Energy XXI (Bermuda) is outperform, with an average price target of $42.36.

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