The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Atwood Oceanics's revenues will grow 48.3% and EPS will grow 35.6%.
The average estimate for revenue is $254.6 million. On the bottom line, the average EPS estimate is $1.22.
Last quarter, Atwood Oceanics logged revenue of $245.1 million. GAAP reported sales were 33% higher than the prior-year quarter's $184.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.10. GAAP EPS of $1.10 for Q1 were 10% higher than the prior-year quarter's $1.00 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 54.3%, 330 basis points worse than the prior-year quarter. Operating margin was 36.1%, 550 basis points worse than the prior-year quarter. Net margin was 29.7%, 580 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.05 billion. The average EPS estimate is $5.05.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 2,352 members out of 2,376 rating the stock outperform, and 24 members rating it underperform. Among 586 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 580 give Atwood Oceanics a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Atwood Oceanics is outperform, with an average price target of $55.01.
Is Atwood Oceanics 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 Atwood Oceanics 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 recommends Atwood Oceanics. The Motley Fool owns shares of Atwood Oceanics. 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.