To: David R. Schaller who wrote (470 ) 4/26/1999 11:45:00 AM From: nick nelson Read Replies (2) | Respond to of 522
(As of 4/19/99) ANALYSTS' CONSENSUS: Buy The stock of Superior Energy Services is currently considered to be a "Buy" by Wall Street financial analysts. With opinions offered by 5 Wall Street research analysts, the shares have an AQO or weighted consensus ranking of 1.50, which lies above the 1.00 AQO cutoff perceived as necessary for a "Buy" consensus rating. The AQO of the S&P 500 currently is 0.92, indicating analysts expect the shares are likely to outperform the general market as reflected by the S&P 500.The company is expected to show a profit in 1999 with earnings in the area of $0.51 per share are currently forecasted. [ Oil PE of 18:: 0.51 x 18= $9.81 for '99 - SESI ON SALE!! ] This represent improvement from the loss of the prior year of $-0.05 per share. For 2000 profits are expected to decline, with per share results in the area of $0.35 considered possible. Wall Street observers forecast the S&P 500 will show an increase in earnings in 1999 of about 27.33% but will see a drop of 0.04% in 2000. Relative growth comparisons to the broad market are not meaningful in 1999. However, considering the forecast for 2000, earnings at Superior Energy Services are expected to significantly lag the rate of growth anticipated for the broad market. The first quarter earnings forecast from analysts for Superior Energy Services indicates they think $0.04 per share is likely. This current figure represents no change from the prior month and indicates that analysts continue to believe earnings will fail to match the $0.13 per share recorded in the prior year earlier quarter, declining by 69.23%. The investment community has a very high level of confidence in the forecast of earnings for the company. There is a much lower deviation in the consensus estimate for the company than for the market as a whole and any significant variation of actual results from expectations could have a very adverse affect on the price of company shares. ACE CONSENSUS ESTIMATES M MU UL LT TE EX X. .C CO OM M, , I IN NC C. . SESI April 19, 1999 Superior Energy Services Inc. Average Qualitative Opinion = This Report is derived from Multex ACE, the premier Wall Street analyst Consensus Estimates and recommendations Database with 3,000 Contributing Analysts covering 6,500 public companies. 1.50 3 60 3 2 0 3 0 1 20 1 1 0 1 0 1 20 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5 100 5 5 0 5 0 Buy Buy/Hold Hold Weak Hold Sell No Opinion Total No. of % of One Month Three Mos. Non-Ratings Total Prior Prior National Regional Broker Consensus Breakdown By National Firms By Regional Firms By Nonbroker Buy = >= 1.00 Buy/Hold = >=. 75 and < 1.00 Hold = >= .35 and < .75 Weak Hold = >= 0 and < .35 Sell = < 0 N/A Buy N/A