Cimarex Energy
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Cimarex Energy's revenues will shrink -1.0% and EPS will drop -26.4%.
The average estimate for revenue is $426.0 million. On the bottom line, the average EPS estimate is $1.03.
Revenue details
Last quarter, Cimarex Energy tallied revenue of $406.9 million. GAAP reported sales were 6.2% lower than the prior-year quarter's $433.8 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, non-GAAP EPS came in at $1.01. GAAP EPS of $0.97 for Q3 were 35% lower than the prior-year quarter's $1.49 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 79.7%, 130 basis points worse than the prior-year quarter. Operating margin was 32.0%, 1,490 basis points worse than the prior-year quarter. Net margin was 20.7%, 880 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $1.61 billion. The average EPS estimate is $4.10.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 520 members out of 542 rating the stock outperform, and 22 members rating it underperform. Among 119 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 114 give Cimarex 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 Cimarex Energy is outperform, with an average price target of $75.94.
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