Aegean Marine Petroleum Network Beats Up on Analysts Yet Again

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Aegean Marine Petroleum Network (NYS: ANW) reported earnings on Feb. 22. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Aegean Marine Petroleum Network beat expectations on revenues and beat expectations on earnings per share.

Compared with the prior-year quarter, revenue increased significantly and GAAP earnings per share expanded.

Margins expanded across the board.

Revenue details
Aegean Marine Petroleum Network booked revenue of $1.74 billion. The three analysts polled by S&P Capital IQ expected a top line of $1.68 billion on the same basis. GAAP reported sales were 20% higher than the prior-year quarter's $1.45 billion.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.14. The four earnings estimates compiled by S&P Capital IQ predicted $0.12 per share. GAAP EPS were $0.14 for Q4 against -$0.26 per share for the prior-year quarter.

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Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 4.3%, 60 basis points better than the prior-year quarter. Operating margin was 1.0%, 130 basis points better than the prior-year quarter. Net margin was 0.4%, 120 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.96 billion. On the bottom line, the average EPS estimate is $0.13.

Next year's average estimate for revenue is $6.86 billion. The average EPS estimate is $0.83.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 582 members out of 600 rating the stock outperform, and 19 members rating it underperform. Among 105 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 100 give Aegean Marine Petroleum Network a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Aegean Marine Petroleum Network is buy, with an average price target of $9.25.

Over the decades, small-cap stocks like Aegean Marine Petroleum Network have provided market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Get instant access to this free report.

At the time this article was published

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