The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Newfield Exploration's revenues will compress -3.4% and EPS will shrink -51.6%.
The average estimate for revenue is $654.8 million. On the bottom line, the average EPS estimate is $0.44.
Last quarter, Newfield Exploration tallied revenue of $646.0 million. GAAP reported sales were 4.6% lower than the prior-year quarter's $677.0 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 $0.28. GAAP EPS were -$10.41 for Q4 against $0.50 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 64.1%, 560 basis points worse than the prior-year quarter. Operating margin was 26.6%, 700 basis points better than the prior-year quarter. Net margin was -217.0%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $2.56 billion. The average EPS estimate is $1.77.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 322 members out of 346 rating the stock outperform, and 24 members rating it underperform. Among 86 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 83 give Newfield Exploration a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Newfield Exploration is outperform, with an average price target of $38.38.
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