The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict QEP Resources's revenues will grow 30.2% and EPS will wane -24.4%.
The average estimate for revenue is $785.6 million. On the bottom line, the average EPS estimate is $0.31.
Last quarter, QEP Resources logged revenue of $704.9 million. GAAP reported sales were 17% lower than the prior-year quarter's $853.3 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 $0.33. GAAP EPS were -$0.13 for Q4 against $0.00 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 51.3%, 200 basis points worse than the prior-year quarter. Operating margin was 6.9%, 690 basis points better than the prior-year quarter. Net margin was -3.3%, 330 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $3.22 billion. The average EPS estimate is $1.50.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 57 members out of 60 rating the stock outperform, and three members rating it underperform. Among 16 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 14 give QEP Resources a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on QEP Resources is outperform, with an average price target of $38.63.
Is QEP Resources 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 QEP Resources to My Watchlist.
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 no position in any of the stocks mentioned. 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.
More from The Motley Fool
Here's Why QEP Resources Inc.'s Stock Is Sinking Today
The oil and gas driller cut its full-year production outlook.
Here's Why QEP Resources Inc Stock Is Sinking Today
The driller's decision to increase spending and add rigs goes against the grain.
OPEC Was Just About the Only Fuel These Energy Stocks Needed in November
QEP Resources, Contango Oil & Gas, Southwestern Energy, Consol Energy, and Newfield Exploration all jumped by double digits last month largely on the OPEC agreement.