Mcmoran Exploration Co Earnings Preview For Quarterly Earnings Release Date (NYSE:MMR)
Mcmoran Exploration Co (NYSE:MMR) is scheduled to release last fiscal quarter's results before the opening bell on January 17, 2012. Let's take a look at how Mcmoran Exploration Co has done in recent quarters.
McMoRan Exploration Co., through its subsidiary, McMoRan Oil & Gas LLC, engages in the exploration, development, and production of oil and natural gas offshore in the Gulf of Mexico and onshore in the Gulf Coast area of the United States. The company was founded in 1994 and is headquartered in New Orleans, Louisiana. MMR trades an average of 2 million shares per day.
52 Week High: $19.26
52 Week Low: $8.25
Book Value: $10.47
Float Short: 15.89%
On average, analysts are expecting a drop of $-0.06 in earnings per share compared to last quarter's results of $-0.06. Investors will be looking to see a number north of $-0.12 per share , based on the earnings estimates. Analyst estimates range between $-0.19 and $-0.08 per share.
The company has falling revenue year-over-year of $434.38 million for 2010 vs. $435.44 million for 2009. The bottom line has rising earnings year-over-year of $-120.34 million for 2010 vs. $-210.99 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $-78.99 million for 2010 vs. $-168.43 million for 2009.
Here is a look at the fiscal year revenue. 
Gross reported revenue compared to the mean estimate (rounded).
| Fiscal Quarter Ending Month-Year | Revenue Estimates | Actual | $ Difference | Difference % |
| Sep-11 | $ 124.80 M | $ 138.18 M | $ 13.38 M | 10.72% |
| Jun-11 | $ 140.47 M | $ 158.31 M | $ 17.84 M | 12.7% |
| Mar-11 | $ 130.80 M | $ 137.00 M | $ 6.20 M | 4.74% |
| Dec-10 | $ 95.56 M | $ 99.01 M | $ 3.45 M | 3.61% |
| Sep-10 | $ 98.72 M | $ 94.84 M | $ -3.88 M | -3.93% |
M = millions, B = billions
Differences are rounded. (Some onetime items are often excluded in reported EPS) 
Reported earnings per share compared to the mean estimate. Differences are rounded.
The total short interest number of shares for MMR 
The number of days to cover short interest based on average daily trading volume for MMR. 
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