C&J Energy Services Earnings Preview: Get Ahead of the Analysts

C&J Energy Services (NYSE:CJES) will report earnings after markets close on Wednesday, May 1st. C&J Energy Services Inc. provides oil and gas exploration and production services. The Company focuses on extraction, transmission, drilling, developing, and exploration of natural gas in Texas, Louisiana, and Oklahoma.

Here is your Cheat Sheet to C&j Energy Services Earnings:

Earnings Expectations: Analysts expect earnings of $0.56 per share on revenues of $290.24 million. Currently, the company’s P/E ratio stands at 5.80.

Analyst Trends:

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 $0.7 to a profit $0.58. For the current year, the average estimate is a profit of $2.46, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how C&j Energy Services has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
Revenue ($) in millions 67.03 244.16 758.45 1,112
Diluted EPS ($) -0.05 0.67 3.19 3.37

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 220.05 239.05 278.39 307.80 286.26
Diluted EPS ($) 0.9972 0.92 0.99 0.91 0.5590

Past Performance:
C&j Energy Services has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)