Energy XXI (Bermuda)
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Energy XXI (Bermuda)'s revenues will decrease -6.5% and EPS will compress -53.8%.
The average estimate for revenue is $314.3 million. On the bottom line, the average EPS estimate is $0.48.
Revenue details
Last quarter, Energy XXI (Bermuda) tallied revenue of $320.5 million. GAAP reported sales were 5.9% lower than the prior-year quarter's $340.6 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, EPS came in at $0.47. GAAP EPS of $0.47 for Q2 were 58% lower than the prior-year quarter's $1.11 per share.
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 70.9%, 600 basis points worse than the prior-year quarter. Operating margin was 29.2%, much worse than the prior-year quarter. Net margin was 12.9%, much worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $1.27 billion. The average EPS estimate is $1.77.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 200 members out of 213 rating the stock outperform, and 13 members rating it underperform. Among 40 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 37 give Energy XXI (Bermuda) 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 Energy XXI (Bermuda) is outperform, with an average price target of $41.43.
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