The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Tesoro's revenues will decrease -3.5% and EPS will wither -47.7%.
The average estimate for revenue is $7.82 billion. On the bottom line, the average EPS estimate is $1.50.
Last quarter, Tesoro notched revenue of $8.16 billion. GAAP reported sales were 3.9% higher than the prior-year quarter's $7.72 billion.
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 $0.73. GAAP EPS of $0.67 for Q1 were 72% higher 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 5.2%, 120 basis points better than the prior-year quarter. Operating margin was 2.7%, 90 basis points better than the prior-year quarter. Net margin was 1.2%, 50 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $32.70 billion. The average EPS estimate is $4.97.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 926 members out of 998 rating the stock outperform, and 72 members rating it underperform. Among 266 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 247 give Tesoro a green thumbs-up, and 19 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Tesoro is outperform, with an average price target of $60.20.
Is Tesoro 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 Tesoro to My Watchlist.