Does the Street Have Con-way Figured Out?
Con-way (NYS: CNW) is expected to report Q2 earnings on July 31. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Con-way's revenues will improve 7.9% and EPS will increase 36.0%.
The average estimate for revenue is $1.45 billion. On the bottom line, the average EPS estimate is $0.68.
Last quarter, Con-way recorded revenue of $1.37 billion. GAAP reported sales were 9.7% higher than the prior-year quarter's $1.25 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.45. GAAP EPS of $0.46 for Q1 were 283% higher than the prior-year quarter's $0.12 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 17.9%, 40 basis points better than the prior-year quarter. Operating margin was 4.1%, 120 basis points better than the prior-year quarter. Net margin was 1.9%, 130 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $5.71 billion. The average EPS estimate is $2.30.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 93 members out of 118 rating the stock outperform, and 25 members rating it underperform. Among 29 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 19 give Con-way a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Con-way is outperform, with an average price target of $35.53.
Over the decades, small-cap stocks, like Con-way 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." Click here for instant access to this free report.
- Add Con-way to My Watchlist.
The article Does the Street Have Con-way Figured Out? originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.