Last quarter Newfield Exploration (NFX) topped estimates by 15 cents per share, and it is scheduled to report again on Tuesday.

Expectations

Analysts currently expect Newfield Exploration to come in with earnings of 69 cents per share on revenues of $668.8 million. Analysts gave estimates ranging from earnings per share to earnings per share. Over the past two months, the average estimate has moved down from 80 cents.

Stock Movement

Recently, the stock price has been rising Since July 10, 2012 business days the stock has risen $3.28 per share.

Company Fundamental Trends

With double-digit revenue growth the past four quarters, this earnings release is a chance to keep that positive trend going. The company has averaged year-over-year revenue growth of 32.8% over the last four quarters. Stock Ratings

Analysts are bullish on the stock as 11 analysts rate it as a buy and only one analyst rate it as a sell. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Last Quarter's Results

In the first quarter, the company swung to a profit of $116 million (86 cents a share) from a loss of $17 million (13 cents) a year earlier, beating analyst estimates. Revenue rose 24.4% to $678 million from $545 million.

Summary

Reporting Period: 2Q

Date of Release: Tuesday, July 24, 2012

EPS: 69 cents

Revenue Estimate: $668.8 million

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)