Swift Energy Co. Beats Analyst Expectations; SFY, OXY, CEO
Tuesday, 03 November 2009 07:09

 

Analysts were expecting Swift Energy Co. (SFY) [Chart - News - Analysis] to report earnings of $0.01 for last quarter, but SFY beat expectations with actual earnings of $0.21---20 cents above the consensus estimate.

 

If you compare last quarter's earnings to the $1.98 the company made per share during the same quarter a year ago, you can see that SFY’s earnings are down this year.

 

Check this out (it's free!): Stocks You Should Be Watching Right Now; How to Make Good Picks

 

Review of Today’s Market Action
   
 
 
 

Also, if you compare SFY's 4.00% projected earnings-per-share (EPS) growth rate for the next five years with the projected EPS growth rate of 6.99% for the Independent Oil & Gas industry as a whole during that same time frame, you can see that analysts expect SFY to underperform the industry in the future---which is a bad sign for the stock.

 

Drilling down a little deeper into the Independent Oil & Gas industry, you can see how analysts believe SFY will stack up against some of the other stocks in the industry, like Occidental Petroleum Corporation (OXY) [Chart - News - Analysis] and CNOOC Ltd. (CEO) [Chart - News - Analysis], in the future. Analysts believe OXY's earnings are going to grow at a rate of 6.67% while CEO's earnings are going to grow at a rate of 4.03%.

 

Earnings season can be a volatile time in the stock market. Check out these videos and articles to be better prepared to take advantage of the large price moves that tend to accompany earnings announcements.

 

- Earnings Season is Here - Find Out How to Trade It

- Using Options to Trade Earnings

- Understanding Stock Analyst Research and Recommendations

 

More...

 


 Keep up with us:
Be a Fan on Facebook
Follow us on Twitter
Stocks Articles RSS

Comments Add New
Write comment
Name:
Email:
 
Title:
 
Please input the anti-spam code that you can read in the image.
Comments deemed inappropriate will be removed

3.25 Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."

 

  Learning Markets Partners                                                                                                                                           More Partners   |  Become a Partner
 

 
 
 
 
Learn to Invest   |   Reviews of Stock Brokers   |   Stock Picks   |   Technical Analysis   |   Broker News   |   Investor Education   |   What to Invest In   |   Live Market Analysis   |   Should I Invest?