What Does Wall Street See for MDU Resources Group's Q2?
MDU Resources Group (NYS: MDU) 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 MDU Resources Group's revenues will compress -2.5% and EPS will wane -20.8%.
The average estimate for revenue is $907.7 million. On the bottom line, the average EPS estimate is $0.19.
Revenue details
Last quarter, MDU Resources Group reported revenue of $852.8 million. GAAP reported sales were 5.4% lower than the prior-year quarter's $901.8 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, EPS came in at $0.19. GAAP EPS of $0.19 for Q1 were 14% lower than the prior-year quarter's $0.22 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 24.0%, 40 basis points better than the prior-year quarter. Operating margin was 8.3%, 40 basis points worse than the prior-year quarter. Net margin was 4.2%, 60 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $3.91 billion. The average EPS estimate is $1.15.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 241 members out of 253 rating the stock outperform, and 12 members rating it underperform. Among 58 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 54 give MDU Resources Group a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MDU Resources Group is outperform, with an average price target of $23.33.
Can your portfolio provide you with enough income to last through retirement? You'll need more than MDU Resources Group. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Get instant access to this free report.
Add MDU Resources Group to My Watchlist.
The article What Does Wall Street See for MDU Resources Group's Q2? 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.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
