Swift Energy (NYSE: SFY) is expected to report Q3 earnings on Nov. 1. 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 Swift Energy's revenues will wane -5.4% and EPS will wither -94.9%.
The average estimate for revenue is $134.9 million. On the bottom line, the average EPS estimate is $0.02.
Revenue details
Last quarter, Swift Energy logged revenue of $134.8 million. GAAP reported sales were 17% lower than the prior-year quarter's $159.2 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 $0.07. GAAP EPS of $0.07 for Q2 were 93% lower than the prior-year quarter's $0.95 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 77.7%, 550 basis points worse than the prior-year quarter. Operating margin was 14.0%, 1,770 basis points worse than the prior-year quarter. Net margin was 2.3%, 2,350 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $568.8 million. The average EPS estimate is $0.43.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 256 members out of 280 rating the stock outperform, and 24 members rating it underperform. Among 47 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 42 give Swift Energy a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Swift Energy is outperform, with an average price target of $36.07.
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