Rentech (AMEX: RTK) is expected to report Q2 earnings this week. 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 Rentech's revenues will grow 10.1% and EPS will improve 33.3%.
The average estimate for revenue is $81.9 million. On the bottom line, the average EPS estimate is $0.04.
Last quarter, Rentech reported revenue of $38.6 million. GAAP reported sales were 55% higher than the prior-year quarter's $24.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at -$0.01. GAAP EPS were -$0.01 for Q1 compared to -$0.03 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 58.7%, 1,780 basis points better than the prior-year quarter. Operating margin was 15.7%, 3,360 basis points better than the prior-year quarter. Net margin was -8.5%, 2,180 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $214.4 million. The average EPS estimate is $0.03.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 350 members out of 404 rating the stock outperform, and 54 members rating it underperform. Among 53 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 33 give Rentech a green thumbs-up, and 20 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rentech is outperform, with an average price target of $3.36.
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The article Does the Street Have Rentech Figured Out? originally appeared on Fool.com.
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