About Us

The Oil & Gas Journal, first published in 1902, is the world's most widely read petroleum industry publication. OGJ delivers international oil and gas industry news; analysis of issues and events; practical technology for design, operation, and maintenance of oil and gas operations; and important statistics on energy markets and industry activity.

OGJ is edited to meet the needs of engineers, geoscientists, managers, and executives throughout the oil and gas industry. It is part of Endeavor Business Media, Nashville, Tenn., which also publishes Offshore Magazine.

Endeavor Business Media’s Petroleum Group also produces targeted e-Newsletters; hosts global conferences and exhibitions, seminars, and forums; and publishes directories, technical books, print and electronic databases, surveys, and maps.

Additional Information

Website & Technical Help

For help with subscription purchases or refunds, or trouble logging into the paid subscription content on www.ogj.com, please contact Customer Service at [email protected] or call 1-847-559-7598.

For more customer service information, please click here.

Skyline Champion (SKY) Reports Earnings Tomorrow: What To Expect

SKY Cover Image

Modular home and building manufacturer Skyline Champion (NYSE:SKY) will be reporting earnings tomorrow after the bell. Here’s what to expect.

Skyline Champion beat analysts’ revenue expectations by 4.6% last quarter, reporting revenues of $627.8 million, up 35.1% year on year. It was an incredible quarter for the company, with an impressive beat of analysts’ earnings and EBITDA estimates.

Is Skyline Champion a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Skyline Champion’s revenue to grow 33.3% year on year to $618.8 million, a reversal from the 42.5% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.80 per share.

Skyline Champion Total Revenue

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Skyline Champion has missed Wall Street’s revenue estimates twice over the last two years.

Looking at Skyline Champion’s peers in the home builders segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Taylor Morrison Home delivered year-on-year revenue growth of 26.6%, beating analysts’ expectations by 7.8%, and Tri Pointe Homes reported revenues up 36.5%, topping estimates by 8.7%. Taylor Morrison Home traded up 5.4% following the results while Tri Pointe Homes was down 5.2%.

Read our full analysis of Taylor Morrison Home’s results here and Tri Pointe Homes’s results here.

Investors in the home builders segment have had fairly steady hands going into earnings, with share prices down 1.1% on average over the last month. Skyline Champion is down 7.1% during the same time and is heading into earnings with an average analyst price target of $86.17 (compared to the current share price of $88.13).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.