The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Quicksilver Resources's revenues will drop -23.7% and EPS will remain in the red.
The average estimate for revenue is $128.7 million. On the bottom line, the average EPS estimate is -$0.02.
Last quarter, Quicksilver Resources recorded revenue of $149.2 million. GAAP reported sales were 16% lower than the prior-year quarter's $179.5 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 -$0.04. GAAP EPS were -$0.35 for Q1 versus -$1.24 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 45.0%, 750 basis points worse than the prior-year quarter. Operating margin was -2.6%, 750 basis points worse than the prior-year quarter. Net margin was -39.8%, much better than the prior-year quarter.
The full year's average estimate for revenue is $540.4 million. The average EPS estimate is -$0.09.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 807 members out of 837 rating the stock outperform, and 30 members rating it underperform. Among 156 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 146 give Quicksilver Resources a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Quicksilver Resources is hold, with an average price target of $3.67.
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