Clayton Williams Energy Earnings: Here’s Why Investors are Buying Shares Now

Clayton Williams Energy Inc. (NASDAQ:CWEI) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 4.8%.

Clayton Williams Energy Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased to $-0.08 in the quarter versus EPS of $2.70 in the year-earlier quarter.

Revenue: Decreased 5.46% to $98.9 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Clayton Williams Energy Inc. reported adjusted EPS loss of $0.08 per share. By that measure, the company missed the mean analyst estimate of $0.43. It beat the average revenue estimate of $91.63 million.

Key Stats (on next page)…

Revenue decreased 7.46% from $106.87 million in the previous quarter. EPS decreased to $-0.08 in the quarter versus EPS of $0.50 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.54 to a profit $0.59. For the current year, the average estimate has moved up from a profit of $2.01 to a profit of $2.18 over the last ninety days.

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

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