What to Expect From Standard Pacific

Seth Jayson, The Motley Fool
Updated

Standard Pacific (NYS: SPF) is expected to report Q2 earnings on July 26. 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 Standard Pacific's revenues will grow 40.1% and EPS will grow 200.0%.

The average estimate for revenue is $286.4 million. On the bottom line, the average EPS estimate is $0.03.


Revenue details
Last quarter, Standard Pacific notched revenue of $223.7 million. GAAP reported sales were 57% higher than the prior-year quarter's $144.8 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 $0.00. GAAP EPS were $0.02 for Q1 against -$0.04 per share for the prior-year quarter.

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 20.3%, 90 basis points better than the prior-year quarter. Operating margin was 3.7%, 620 basis points better than the prior-year quarter. Net margin was 3.7%, 1,390 basis points better than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $1.19 billion. The average EPS estimate is $0.18.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 353 members out of 598 rating the stock outperform, and 245 members rating it underperform. Among 149 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 59 give Standard Pacific a green thumbs-up, and 90 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Standard Pacific is hold, with an average price target of $4.92.

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The article What to Expect From Standard Pacific 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. Motley Fool newsletter services have recommended writing naked calls on Standard Pacific. 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.

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