[b]Earnings Overview for Forest Oil Corporation (FST) upcoming performance release[/b]
[b] Forest Oil Corporation[/b] (FST) is expected to report earnings for last fiscal quarter after the closing bell on October 31, 2011.
FST trades an average of 5.8 million shares per day.
Forest Oil Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids primarily in North America. The company was founded in 1916 and is based in Denver, Colorado.
[b]52 Week High: $40.23[/b]
[b]52 Week Low: $8.88[/b]
[b]Book Value: $13.07[/b]
[b]Float Short: 7.57%[/b]
On average, 13 analysts are expecting a drop of [color=Red]$-0.10[/color] in earnings per share compared to last quarter's results of $0.36. Investors will be [b]looking to top $0.26 per share[/b], based on the estimated mean earnings. Analyst estimates range between $0.03 and $0.33 per share.
In the last month, the stock has decreased in price -0.29%, and moving in price -48.96% from one year ago.
When comparing to the S&P 500, the year to date difference is -57.30%.
For the same fiscal period year-over-year, revenue has improved to $854.75 million for 2010 vs. $768.46 million for 2009. The bottom line has rising earnings year-over-year of $227.52 million for 2010 vs. $-923.13 million for 2009.The company's earnings before income and taxes are rising with an EBIT year-over-year of $341.80 million for 2010 vs. $-1.39 billion for 2009.
Here is a look at the fiscal year revenue.
[img]http://www.paid2trade.com/SAForm/BarChartPics/FST-gross-revenue-fiscal-year-history-in-dollars-bar-chart-10-27-11.png[/img]
Gross reported revenue compared to the mean estimate (rounded).
[table][tr][td]Fiscal Quarter Ending Month-Year[/td] [td]Revenue Estimates[/td] [td]Actual[/td] [td]$ Difference[/td] [td]Difference %[/td][/tr] [tr][td]Jun-11[/td][td]$ 227.04 M[/td][td]$ 238.13 M[/td][td]$ 11.09 M[/td][td]4.88%[/td][/tr][tr][td]Mar-11[/td][td]$ 224.91 M[/td][td]$ 203.13 M[/td][td][color=Red]$ -21.78 M[/color][/td][td]-9.68%[/td][/tr][tr][td]Dec-10[/td][td]$ 238.59 M[/td][td]$ 214.40 M[/td][td][color=Red]$ -24.19 M[/color][/td][td]-10.14%[/td][/tr][tr][td]Sep-10[/td][td]$ 235.17 M[/td][td]$ 210.39 M[/td][td][color=Red]$ -24.78 M[/color][/td][td]-10.54%[/td][/tr][tr][td]Jun-10[/td][td]$ 221.40 M[/td][td]$ 208.10 M[/td][td][color=Red]$ -13.30 M[/color][/td][td]-6.01%[/td][/tr][/table]M = millions, B = billions
Differences are rounded. (Some onetime items are often excluded in reported EPS)
[img]http://www.paid2trade.com/SAForm/BarChartPics/FST-PerShareEarningsSurprises-10-27-11.png[/img]
Reported earnings per share compared to the mean estimate. Differences are rounded.
The total short interest number of shares for FST
[img]http://www.paid2trade.com/SAForm/BarChartPics/FST-ShortInterestData-10-27-11.png[/img]
The number of days to cover short interest based on average daily trading volume for FST.
[img]http://www.paid2trade.com/SAForm/BarChartPics/FST-DaysToCoverData.php-10-27-11.png[/img]
Thank you for reading my article. Please also feel free to share your thoughts and comments.
I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.
