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Kodiak Oil & Gas (NYSE: KOG) is expected to report Q1 earnings on May 2. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Kodiak Oil & Gas's revenues will expand 108.6% and EPS will expand 55.6%.
The average estimate for revenue is $166.7 million. On the bottom line, the average EPS estimate is $0.14.
Revenue details
Last quarter, Kodiak Oil & Gas booked revenue of $130.8 million. GAAP reported sales were much higher than the prior-year quarter's $55.0 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 $0.11. GAAP EPS were $0.12 for Q4 compared to -$0.15 per share for the prior-year quarter.
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 78.6%, 290 basis points better than the prior-year quarter. Operating margin was 35.2%, much better than the prior-year quarter. Net margin was 25.4%, much better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $842.5 million. The average EPS estimate is $0.73.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 806 members out of 836 rating the stock outperform, and 30 members rating it underperform. Among 113 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 106 give Kodiak Oil & Gas a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kodiak Oil & Gas is outperform, with an average price target of $11.41.
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