Energen beats by $0.01, beats on revs; guides FY11 EPS below consensus; guides FY12 EPS below consensus (50.05 +0.88)
Reports Q3 (Sep) earnings of $0.75 per share, ex-items, $0.01 better than the Capital IQ Consensus Estimate of $0.74; revenues rose 27.0% year/year to $375.6 mln vs the $336.1 mln consensus. Co issues downside guidance for FY11, sees EPS of $3.70-$3.90, ex-items vs. $3.98 Capital IQ Consensus Estimate. Co sees after-tax cash flow of $687-$712 mln. Co issues downside guidance for FY12, sees EPS of $3.40-$3.80, ex-items, vs. $4.06 Capital IQ Consensus Estimate. Co sees after-tax cash flow of $769-$798 mln.
