Anadarko Petroleum Earnings Preview

Anadarko Petroleum APC announces its next round of earnings Tuesday. Here is Benzinga's everything-that-matters guide for today's Q4 earnings announcement.

Earnings and Revenue

Anadarko Petroleum earnings will likely be near a loss of 7 cents per share, while revenue will be around $2.7 billion, according to analysts.

In the same quarter last year, Anadarko Petroleum reported an earnings loss of 5 cents per share on revenue of $2.38 billion. The analyst consensus estimate would represent sales growth of 13.11 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017
EPS Estimate -0.55 -0.22 -0.23
EPS Actual -0.77 -0.77 -0.6

 

Q4 EPS Estimate: -7 cents per share
Q4 Revenues Estimate: $2 billion

Stock Performance

As of Feb. 6, Anadarko Petroleum's share price was $59.11. Over the past 52-week period, shares of Anadarko Petroleum have declined -14.46 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. The popular rating by analysts on Anadarko Petroleum stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Market News and Data brought to you by Benzinga APIs
Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...