Imperial Oil (AMEX: IMO) is expected to report Q2 earnings on Aug. 1. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Imperial Oil's revenues will grow 13.8% and EPS will expand 28.4%.
The average estimate for revenue is $8.38 billion. On the bottom line, the average EPS estimate is $0.95.
Revenue details
Last quarter, Imperial Oil logged revenue of $7.88 billion. GAAP reported sales were 4.9% higher than the prior-year quarter's $7.19 billion.
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 $0.92. GAAP EPS of $0.92 for Q1 were 23% lower than the prior-year quarter's $1.19 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 19.8%, 550 basis points worse than the prior-year quarter. Operating margin was 13.7%, 460 basis points worse than the prior-year quarter. Net margin was 10.4%, 370 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $33.74 billion. The average EPS estimate is $4.10.
Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 376 members out of 394 rating the stock outperform, and 18 members rating it underperform. Among 92 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 86 give Imperial Oil a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Imperial Oil is hold, with an average price target of $51.76.
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