The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict SandRidge Energy's revenues will contract -7.5% and EPS will shrink to a loss.
The average estimate for revenue is $442.4 million. On the bottom line, the average EPS estimate is -$0.04.
Last quarter, SandRidge Energy reported revenue of $511.7 million. GAAP reported sales were 34% higher than the prior-year quarter's $381.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
Last quarter, non-GAAP EPS came in at $0.00. GAAP EPS were -$1.03 for Q1 versus -$0.58 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the preceding quarter, gross margin was 66.8%, 150 basis points worse than the prior-year quarter. Operating margin was 10.1%, much better than the prior-year quarter. Net margin was -93.7%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $1.86 billion. The average EPS estimate is -$0.12.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,460 members out of 1,525 rating the stock outperform, and 65 members rating it underperform. Among 278 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 264 give SandRidge Energy a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on SandRidge Energy is hold, with an average price target of $6.20.
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