Oasis Petroleum Blows Away Expectations
Analysts always share their expecations on where a stock will end up. Oasis Petroleum is no different than the others. However, in this case OAS exceeded expectations, which tends to be unusual! Let’s take a closer look at OAS from Seth Jayson’s research.
Oasis Petroleum tallied revenue of $116.9 million. The 17 analysts polled by S&P Capital IQ looked for sales of $116.3 million on the same basis. GAAP reported sales were much higher than the prior-year quarter’s $49.1 million.
Non-GAAP EPS came in at $0.58. The 19 earnings estimates compiled by S&P Capital IQ averaged $0.30 per share on the same basis. GAAP EPS were -$0.15 for Q4 versus $0.02 per share for the prior-year quarter."
Find more research here: http://turnkeyoil.com/2012/03/01/oasis-petroleum-blows-away-expectations/