Can MarkWest Energy Partners Beat These Numbers?

Seth Jayson, The Motley Fool
Updated

MarkWest Energy Partners (NYS: MWE) is expected to report Q2 earnings on Aug. 2. Here's what Wall Street wants to see.

The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict MarkWest Energy Partners's revenues will wane -12.5% and EPS will increase 2.4%.

The average estimate for revenue is $350.5 million. On the bottom line, the average EPS estimate is $0.42.


Revenue details
Last quarter, MarkWest Energy Partners chalked up revenue of $350.5 million. GAAP reported sales were 14% higher than the prior-year quarter's $348.9 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 $0.46. GAAP EPS were $0.14 for Q1 versus -$1.13 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 61.3%, 530 basis points better than the prior-year quarter. Operating margin was 13.1%, 1,690 basis points better than the prior-year quarter. Net margin was 4.0%, 2,810 basis points better than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $1.54 billion. The average EPS estimate is $1.80.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MarkWest Energy Partners is buy, with an average price target of $64.75.

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The article Can MarkWest Energy Partners 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 the 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 don't 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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