What Does Wall Street See for Capital Product Partners' Q2?
Capital Product Partners (NAS: CPLP) 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 Capital Product Partners' revenues will grow 35.9% and EPS will contract 0.0%.
The average estimate for revenue is $37.9 million. On the bottom line, the average EPS estimate is $0.03.
Revenue details
Last quarter, Capital Product Partners booked revenue of $39.8 million. GAAP reported sales were 44% higher than the prior-year quarter's $27.7 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, EPS came in at $0.05. GAAP EPS of $0.05 for Q1 were 17% lower than the prior-year quarter's $0.06 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 62.2%, 970 basis points worse than the prior-year quarter. Operating margin was 25.9%, 1,190 basis points worse than the prior-year quarter. Net margin was 8.1%, 60 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $153.8 million. The average EPS estimate is $0.19.
Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 163 members out of 169 rating the stock outperform, and six members rating it underperform. Among 46 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Capital Product Partners a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Capital Product Partners is outperform, with an average price target of $9.00.
Over the decades, small-cap stocks, like Capital Product Partners 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 Capital Product Partners to My Watchlist.
The article What Does Wall Street See for Capital Product Partners' Q2? originally appeared on Fool.com.
Seth Jaysonhad 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.
