Home Markets Earnings Estimate Forecast on Unit Corporation(UNT)

Earnings Estimate Forecast on Unit Corporation(UNT)


Unit Corporation(UNT): For the most recent quarter end, Unit Corporation reported Annual Earnings of $0.04. Based on the filings, last years Annual Earnings was, $-0.15. For the most recent quarter end, UNT reported a surprise Earnings per Share of 150% . The consensus estimate for current quarter is $0.07 and for the current fiscal year, the estimate is $-0.44. For the Next fiscal year, the estimate is $1.14 based on the consensus.

Unit Corporation has received $0.07 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 6 Financial Advisor in the Stock Trading Firms. Among 6 Analysts, Bottom line EPS Estimate for the current quarter is $0.01 while the top line estimate is $0.15 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 150%. Unit Corporation reported better than expected with a surprise EPS of 150% or $0.12 during its most recent quarterly earnings. The Actual EPS was $0.04 compared to the Estimated EPS of $-0.08.

Unit Corporation Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.12. Analyst had a consensus of $-0.08. The company had revenue of $153.40 million for the quarter, compared to analysts expectations of $152.05 million. The companys revenue was down -27.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.03 EPS.

Company has reported several Insider transactions to the SEC, on Mar 2, 2016, John G Nikkel (director) purchased 2,000 shares at 5.72 per share price.On Sep 21, 2015, Steven B Hildebrand (director) purchased 2,000 shares at 11.39 per share price.On Sep 14, 2015, Larry C Payne (director) purchased 2,000 shares at 11.31 per share price.

Unit Corporation (NYSE:UNT) witnessed a decline in the market cap on Wednesday as its shares dropped 3.57% or 0.94 points. After the session commenced at $25.95, the stock reached the higher end at $26.04 while it hit a low of $25.21. With the volume soaring to 671,357 shares, the last trade was called at $25.38. The company has a 52-week high of $30.629. The company has a market cap of $1,307 million and there are 51,486,818 shares in outstanding. The 52-week low of the share price is $3.9.

UNIT CORP. is engaged in the land contract drilling of oil and natural gas wells, the development, acquisition and production of oil and natural gas properties, and the marketing of natural gas. Its principal areas of operations are located in the Anadarko and Arkoma Basins, which cover portions of Oklahoma, Texas, Kansas and Arkansas and has additional producing properties located in other states, including but not limited to, New Mexico, Louisiana, North Dakota, Colorado, Wyoming, Montana, Alabama and Mississippi.



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