The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Chesapeake Energy's revenues will increase 13.1% and EPS will wane -75.9%.
The average estimate for revenue is $3.08 billion. On the bottom line, the average EPS estimate is $0.14.
Last quarter, Chesapeake Energy reported revenue of $2.97 billion. GAAP reported sales were 25% lower than the prior-year quarter's $3.98 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 $0.10. GAAP EPS were -$3.19 for Q3 against $1.22 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 38.5%, 1,520 basis points worse than the prior-year quarter. Operating margin was 5.6%, 3,180 basis points worse than the prior-year quarter. Net margin was -67.7%, 9,090 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $11.41 billion. The average EPS estimate is $0.49.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 7,457 members out of 7,690 rating the stock outperform, and 233 members rating it underperform. Among 1,447 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,407 give Chesapeake Energy a green thumbs-up, and 40 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Chesapeake Energy is outperform, with an average price target of $23.80.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has the following options: Long Jan 2014 $20 Calls on Chesapeake Energy, Long Jan 2014 $30 Calls on Chesapeake Energy, and Short Jan 2014 $15 Puts on Chesapeake Energy. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.