| Analysts were expecting Crosstex Energy LP (XTEX) [Chart - News - Analysis] to report earnings of $-0.32 for last quarter, but XTEX beat expectations with actual earnings of $1.44---$1.76 above the consensus estimate. If you compare last quarter's earnings to the $-0.25 the company made per share during the same quarter a year ago, you can see that XTEX’s earnings are up this year. Check this out (it's free!): Stocks You Should Be Watching Right Now; How to Make Good Picks
| | | | | |
-
Essential Reading for Traders
-
| | |
| | | | | | | | Also, if you compare XTEX's 9.00% 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 XTEX to outperform the industry in the future---which is a good sign for the stock. Drilling down a little deeper into the Independent Oil & Gas industry, you can see how analysts believe XTEX will stack up against some of the other stocks in the industry, like Suncor Energy Inc. (SU) [Chart - News - Analysis] and Occidental Petroleum Corporation (OXY) [Chart - News - Analysis], in the future. Analysts believe SU's earnings are going to grow at a rate of 7.00% 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...
Keep up with us:
| 
