On Wednesday, GeoPark GPRK will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Sell-side analysts expect GeoPark's EPS to be near 33 cents per share on sales of $106 million.
GeoPark EPS in the same period a year ago came in at a loss of 24 cents and sales were $60.3 million. The analyst consensus estimate would represent a 237.5 percent increase in the company's earnings. Revenue would be up 75.84 percent on a year-over-year basis.
Here's how the GeoPark's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | 0.14 | 0.13 | 0.06 | -0.08 |
EPS Actual | -0.04 | 0.02 | 0.06 | -0.24 |
Stock Performance
Over the last 52-week period, shares are up 60.87 percent. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with GeoPark. The strength of this rating has maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. GeoPark's Q4 conference call is scheduled to begin Thursday at 8:00 a.m. ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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