Basic Energy Services
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Basic Energy Services's revenues will wither -11.7% and EPS will shrink to a loss.
The average estimate for revenue is $319.3 million. On the bottom line, the average EPS estimate is -$0.10.
Last quarter, Basic Energy Services reported revenue of $304.4 million. GAAP reported sales were 18% lower than the prior-year quarter's $370.9 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 -$0.21. GAAP EPS were -$0.22 for Q1 against $0.47 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 30.7%, 530 basis points worse than the prior-year quarter. Operating margin was 0.5%, much worse than the prior-year quarter. Net margin was -2.9%, 820 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.30 billion. The average EPS estimate is -$0.30.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 318 members out of 338 rating the stock outperform, and 20 members rating it underperform. Among 75 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 68 give Basic Energy Services 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 Basic Energy Services is outperform, with an average price target of $16.77.
Is Basic Energy Services 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 Basic Energy Services 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.