Superior Energy Services Inc (SPN) Earnings Preview For Thursday
Superior Energy Services Inc (NYSE:SPN) is scheduled to release last fiscal quarter's results after the closing bell on February 23, 2012. Let's take a look at how Superior Energy Services Inc has done in recent quarters.
Who They Are:
Superior Energy Services, Inc. provides specialized oilfield services and equipments to serve the production and drilling-related needs of oil and gas companies. The company was founded in 1991 and is based in New Orleans, Louisiana. Superior Energy trades an average of 4.5 million shares per day and has a marketcap of $2.3 Billion.
52 Week High: $42.87
52 Week Low: $22.19
Book Value: $17.97
Float Short: 29.57%
What To Expect:
On average, 10 analysts are expecting a drop of $-0.02 in earnings per share compared to last quarter's results of $0.69. The number to beat is $0.67 per share based on the estimated mean earnings.
Analyst estimates range between $0.63 and $0.68 per share.
Here is a look at the fiscal year revenue for Superior Energy Services Inc. 
Recent Stock and Valuation Performance:
The P/E ratio has been recently discounted, as the current trailing twelve months P/E ratio is 15.9, while the forward P/E ratio is now 9.16.
In the last month, the stock has increased in price 8.14%, and changing from last year at this time -24.63%.
When comparing to the S&P 500, the year to date difference is -4.73%.
Investors have been rewarded with an increase of year-over-year revenue. Revenue reported was $1.68 billion for 2010 vs. $1.45 billion for 2009. The bottom line has rising earnings year-over-year of $81.82 million for 2010 vs. $-102.32 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $168.27 million for 2010 vs. $-51.38 million for 2009. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure the bottom line is keeping up with the top line.
The short interest is relatively high at 29.57%.
Here is the last few quarters to get an idea how well they perform compared to estimates 
Reported earnings per share compared to the mean estimate. Differences are rounded.
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