The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Range Resources's revenues will wither -5.0% and EPS will increase 190.9%.
The average estimate for revenue is $420.1 million. On the bottom line, the average EPS estimate is $0.32.
Last quarter, Range Resources booked revenue of $398.2 million. GAAP reported sales were 30% higher than the prior-year quarter's $322.2 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 $0.33. GAAP EPS were -$0.47 for Q1 compared to -$0.26 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 69.9%, 420 basis points better than the prior-year quarter. Operating margin was -10.8%, 400 basis points worse than the prior-year quarter. Net margin was -18.0%, 500 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.72 billion. The average EPS estimate is $1.48.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 535 members out of 583 rating the stock outperform, and 48 members rating it underperform. Among 153 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 135 give Range Resources a green thumbs-up, and 18 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Range Resources is outperform, with an average price target of $79.78.
Is Range Resources 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 Range Resources 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 Range Resources. 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.