The 10-second takeaway
For the quarter ended March 31 (Q1), EXCO Resources missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased slightly. Non-GAAP earnings per share expanded significantly. GAAP earnings per share grew.
Margins expanded across the board.
EXCO Resources chalked up revenue of $138.2 million. The two analysts polled by S&P Capital IQ predicted a top line of $150.5 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.13. The 10 earnings estimates compiled by S&P Capital IQ averaged $0.08 per share. Non-GAAP EPS of $0.13 for Q1 were 333% higher than the prior-year quarter's $0.03 per share. GAAP EPS were $0.74 for Q1 against -$1.32 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 quarter, gross margin was 68.6%, much better than the prior-year quarter. Operating margin was 151.3%, much better than the prior-year quarter. Net margin was 114.4%, much better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $134.3 million. On the bottom line, the average EPS estimate is $0.10.
Next year's average estimate for revenue is $552.4 million. The average EPS estimate is $0.36.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 489 members out of 516 rating the stock outperform, and 27 members rating it underperform. Among 79 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 74 give EXCO Resources a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on EXCO Resources is hold, with an average price target of $6.25.
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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 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.