Talisman Energy (TSX: TLM) is expected to report Q3 earnings on Oct. 30. 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 Talisman Energy's revenues will shrink -7.4% and EPS will wither -62.5%.
The average estimate for revenue is $1.78 billion. On the bottom line, the average EPS estimate is $0.06.
Revenue details
Last quarter, Talisman Energy recorded revenue of $1.83 billion. GAAP reported sales were 16% lower than the prior-year quarter's $2.23 billion.
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 $0.07. GAAP EPS of $0.14 for Q2 were 72% lower than the prior-year quarter's $0.50 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 62.5%, 1,030 basis points worse than the prior-year quarter. Operating margin was 13.1%, 3,280 basis points worse than the prior-year quarter. Net margin was 10.5%, 2,070 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $8.01 billion. The average EPS estimate is $0.44.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 556 members out of 579 rating the stock outperform, and 23 members rating it underperform. Among 124 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 117 give Talisman Energy a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Talisman Energy is outperform, with an average price target of $14.68.
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