The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Hercules Offshore's revenues will increase 16.4% and EPS will remain in the red.
The average estimate for revenue is $189.5 million. On the bottom line, the average EPS estimate is -$0.06.
Last quarter, Hercules Offshore logged revenue of $184.9 million. GAAP reported sales were 13% higher than the prior-year quarter's $163.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.10. GAAP EPS were -$0.24 for Q3 versus -$0.12 per share for 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 38.9%, 720 basis points better than the prior-year quarter. Operating margin was 8.4%, 1,000 basis points better than the prior-year quarter. Net margin was -20.5%, 1,010 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $694.9 million. The average EPS estimate is -$0.55.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,550 members out of 1,614 rating the stock outperform, and 64 members rating it underperform. Among 387 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 377 give Hercules Offshore a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hercules Offshore is outperform, with an average price target of $5.51.
Is Hercules Offshore the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.
- Add Hercules Offshore to My Watchlist.