| Analysts were expecting EOG Resources, Inc. (EOG) [Chart - News - Analysis] to report earnings of $0.66 for last quarter, but EOG beat expectations with actual earnings of $0.81---15 cents above the consensus estimate. If you compare last quarter's earnings to the $2.34 the company made per share during the same quarter a year ago, you can see that EOG’s earnings are down this year. Check this out (it's free!): Stocks You Should Be Watching Right Now; How to Make Good Picks
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| | | | | | | | Also, if you compare EOG's 6.60% 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 EOG 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 EOG will stack up against some of the other stocks in the industry, like Devon Energy Corporation (DVN) [Chart - News - Analysis] and Occidental Petroleum Corporation (OXY) [Chart - News - Analysis], in the future. Analysts believe DVN's earnings are going to grow at a rate of 6.75% while OXY's earnings are going to grow at a rate of 6.67%. 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...
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