Endeavor International Earnings Preview: Can This Streak Finally End?

Endeavor International (AMEX:END) will report earnings before markets open on Thursday, May 9th. Endeavour International Corporation is an international oil and gas exploration and production company that acquires, explores, and develops energy reserves. The Company conducts operations in the North Sea sectors of the United Kingdom and Norway. Endeavor holds license rights to a 3-D seismic dataset of the North Sea.

Here is your Cheat Sheet to Endeavor International Earnings:

Earnings Expectations: Analysts expect earnings of $0.02 per share on revenues of $90.56 million.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.1 to a loss $0.02. For the current year, the average estimate is a profit of $0.32, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Endeavor International has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 170.78 62.29 71.68 60.09 219.06
Diluted EPS ($) 2.240 -2.20 1.95 -3.70 -3.01

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 16.63 15.17 23.00 83.28 97.61
Diluted EPS ($) -1.149 -0.94 -1.31 -0.73 -0.1481

Past Performance:
Endeavor International has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)