Can Alon USA Energy Beat These Numbers?
Alon USA Energy (NYS: ALJ) is expected to report Q2 earnings on Aug. 6. 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 Alon USA Energy's revenues will contract -18.6% and EPS will wither -47.2%.
The average estimate for revenue is $1.55 billion. On the bottom line, the average EPS estimate is $0.28.
Last quarter, Alon USA Energy reported revenue of $1.65 billion. GAAP reported sales were 8.0% lower than the prior-year quarter's $1.78 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
Last quarter, EPS came in at $0.80. GAAP EPS were $0.80 for Q1 compared to -$0.52 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the preceding quarter, gross margin was 12.2%, 650 basis points better than the prior-year quarter. Operating margin was 7.7%, 830 basis points better than the prior-year quarter. Net margin was 3.3%, 500 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $6.24 billion. The average EPS estimate is $1.28.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 373 members out of 396 rating the stock outperform, and 23 members rating it underperform. Among 91 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 85 give Alon USA Energy 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 Alon USA Energy is hold, with an average price target of $20.14.
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The article Can Alon USA Energy Beat 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 of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. 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.