Noble Energy (NBL) has beaten estimates for five straight quarters and will go for a sixth when it reports again on Thursday, July 26, 2012.

Expectations

Analysts currently expect Noble Energy to come in with earnings of $1.06 per share on revenues of $1.03 billion. Estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from $1.48.

Stock Movement

The stock fell $5.17 per share between May 10, 2012 and May 15, 2012.

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 26.7% over the last four quarters. Stock Ratings

Analysts are bullish on the stock as 15 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Last Quarter's Results

In the first quarter, profit rose 1778.6% to $263 million ($1.47 a share) from $14 million (8 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 29.6% to $1.17 billion from $899 million.

Summary

Reporting Period: 2Q

Date of Release: Thursday, July 26, 2012 before market open

EPS: $1.06

Revenue Estimate: $1.03 billion

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