Imperial Oil (AMEX: IMO) reported earnings on Feb. 1. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Imperial Oil met expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped slightly and GAAP earnings per share grew.
Gross margins contracted, operating margins grew, net margins grew.
Imperial Oil recorded revenue of $7.83 billion. The four analysts polled by S&P Capital IQ anticipated revenue of $7.83 billion on the same basis. GAAP reported sales were 4.6% higher than the prior-year quarter's $7.48 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.26. The 10 earnings estimates compiled by S&P Capital IQ predicted $1.00 per share. GAAP EPS of $1.26 for Q4 were 8.6% higher than the prior-year quarter's $1.16 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 18.1%, 350 basis points worse than the prior-year quarter. Operating margin was 18.1%, 380 basis points better than the prior-year quarter. Net margin was 13.8%, 60 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $7.72 billion. On the bottom line, the average EPS estimate is $0.78.
Next year's average estimate for revenue is $30.92 billion. The average EPS estimate is $3.90.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 344 members out of 360 rating the stock outperform, and 16 members rating it underperform. Among 89 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 85 give Imperial Oil a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Imperial Oil is hold, with an average price target of $50.55.
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