Walter Energy (NYS: WLT) is expected to report Q2 earnings on Aug. 1. 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 Walter Energy's revenues will decrease -14.3% and EPS will compress -82.6%.
The average estimate for revenue is $662.1 million. On the bottom line, the average EPS estimate is $0.41.
Last quarter, Walter Energy reported revenue of $631.6 million. GAAP reported sales were 54% higher than the prior-year quarter's $406.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.74. GAAP EPS of $0.65 for Q1 were 58% lower than the prior-year quarter's $1.53 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 31.2%, 1,510 basis points worse than the prior-year quarter. Operating margin was 13.4%, 1,850 basis points worse than the prior-year quarter. Net margin was 6.5%, 1,360 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.79 billion. The average EPS estimate is $3.68.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,521 members out of 1,606 rating the stock outperform, and 85 members rating it underperform. Among 349 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 329 give Walter Energy 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 Walter Energy is outperform, with an average price target of $75.04.
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The article Will These Numbers From Walter Energy Be Good Enough for You? originally appeared on Fool.com.
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