Superior Energy Services Earnings Preview: Can This Streak Continue?

Superior Energy Services (NYSE:SPN) will report earnings after markets close on Thursday, April 25th. Superior Energy Services, Inc. provides specialized oilfield services and equipment. The Company conducts operations offshore in the Gulf of Mexico and throughout the Gulf Coast region. Superior leases oilfield equipment, provides oil and gas well plug and abandonment services, and provides other equipment and services.

Here is your Cheat Sheet to Superior Energy Services Earnings:

Earnings Expectations: Analysts expect earnings of $0.40 per share on revenues of $1.15 billion. Currently, the company’s P/E ratio stands at 9.78.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.51 and has not changed. For the current year, the average estimate is a profit of $2.16, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Superior Energy Services has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,881 1,449 1,563 1,964 4,568
Diluted EPS ($) 4.33 -1.31 1.03 1.76 2.42

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 ($) in millions 562.40 966.84 1,243 1,180 1,178
Diluted EPS ($) 0.25 0.42 0.89 0.59 0.52

Past Performance:
Superior Energy Services has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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