The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict EOG Resources's revenues will expand 9.3% and EPS will grow 18.3%.
The average estimate for revenue is $3.03 billion. On the bottom line, the average EPS estimate is $1.36.
Last quarter, EOG Resources recorded revenue of $2.95 billion. GAAP reported sales were 24% higher than the prior-year quarter's $2.32 billion.
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 $1.73. GAAP EPS of $1.31 for Q3 were 35% lower than the prior-year quarter's $2.01 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 58.4%, 70 basis points worse than the prior-year quarter. Operating margin was 18.7%, 1,330 basis points worse than the prior-year quarter. Net margin was 12.3%, 1,100 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $11.55 billion. The average EPS estimate is $5.39.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 843 members out of 874 rating the stock outperform, and 31 members rating it underperform. Among 230 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 222 give EOG Resources a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on EOG Resources is outperform, with an average price target of $129.50.
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