Cabot Oil & Gas Earnings Preview: Get Ahead of the Analysts
Cabot Oil & Gas (NYSE:COG) will report earnings after markets close on Wednesday, July 24th. Cabot Oil & Gas Corporation is an independent oil and gas company that develops, exploits, and explores oil and gas properties located in North America. The Company holds interests Appalachian Basin, onshore Gulf Coast, including south and east Texas and north Louisiana, the Rocky Mountains and the Anadarko Basin as well as in the deep gas basin of Western Canada.
Here is your Cheat Sheet to Cabot Oil & Gas Earnings:
Earnings Expectations: Analysts expect earnings of $0.37 per share on revenues of $423.03 million. Currently, the company’s P/E ratio stands at 95.47.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.41 to a profit $0.4. For the current year, the average estimate is a profit of $1.49, which is better than the estimate ninety days ago.
Here’s how Cabot Oil & Gas has been performing on an annual basis:
|Revenue ($) in millions||946||879||844||980||1,205|
|Diluted EPS ($)||1.05||0.71||0.50||0.59||0.63|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||265.66||296.87||369.88||373.29|
|Diluted EPS ($)||0.17||0.17||0.19||0.20|
Cabot Oil & Gas has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)