Agrium (NYS: AGU) is expected to report Q2 earnings on Aug. 3. 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 Agrium's revenues will grow 6.8% and EPS will increase 18.5%.
The average estimate for revenue is $6.62 billion. On the bottom line, the average EPS estimate is $5.45.
Last quarter, Agrium booked revenue of $3.63 billion. GAAP reported sales were 23% higher than the prior-year quarter's $2.95 billion.
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 $1.03. GAAP EPS of $0.97 for Q1 were 11% lower than the prior-year quarter's $1.09 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 22.0%, 250 basis points worse than the prior-year quarter. Operating margin was 6.2%, 130 basis points worse than the prior-year quarter. Net margin was 4.2%, 160 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $16.40 billion. The average EPS estimate is $10.16.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,738 members out of 1,780 rating the stock outperform, and 42 members rating it underperform. Among 331 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 322 give Agrium a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Agrium is outperform, with an average price target of $99.24.
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The article What to Expect From Agrium 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. 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.
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