Can Ship Finance International Meet These Numbers?

Before you go, we thought you'd like these...
Before you go close icon

Ship Finance International (NYS: SFL) is expected to report Q2 earnings around Aug. 22. 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 Ship Finance International's revenues will improve 51.1% and EPS will wither -4.9%.

The average estimate for revenue is $111.5 million. On the bottom line, the average EPS estimate is $0.39.


Revenue details
Last quarter, Ship Finance International recorded revenue of $84.1 million. GAAP reported sales were 21% higher than the prior-year quarter's $69.8 million.

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

EPS details
Last quarter, non-GAAP EPS came in at $0.61. GAAP EPS of $0.49 for Q1 were 20% higher than the prior-year quarter's $0.41 per share.

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

Recent performance
For the preceding quarter, gross margin was 72.6%, 190 basis points better than the prior-year quarter. Operating margin was 53.0%, 210 basis points better than the prior-year quarter. Net margin was 46.3%, 30 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $397.9 million. The average EPS estimate is $1.63.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 500 members out of 523 rating the stock outperform, and 23 members rating it underperform. Among 105 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 99 give Ship Finance International a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ship Finance International is outperform, with an average price target of $15.86.

Is Ship Finance International the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.

The article Can Ship Finance International Meet These Numbers? 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.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners