The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict SM Energy's revenues will expand 66.4% and EPS will increase 733.3%.
The average estimate for revenue is $506.6 million. On the bottom line, the average EPS estimate is $0.75.
Last quarter, SM Energy reported revenue of $484.2 million. GAAP reported sales were 29% higher than the prior-year quarter's $374.3 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 $0.82. GAAP EPS of $0.25 for Q1 were 36% lower than the prior-year quarter's $0.39 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 74.1%, 260 basis points worse than the prior-year quarter. Operating margin was 9.3%, 640 basis points worse than the prior-year quarter. Net margin was 3.5%, 350 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.09 billion. The average EPS estimate is $3.25.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 279 members out of 295 rating the stock outperform, and 16 members rating it underperform. Among 54 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 49 give SM Energy 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 SM Energy is outperform, with an average price target of $74.12.
Is SM Energy 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 SM Energy 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.