Will Teekay LNG Partners Beat These Analyst Estimates?

Seth Jayson, The Motley Fool
Updated

Teekay LNG Partners (NYS: TGP) is expected to report Q2 earnings on Aug. 9. 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 Teekay LNG Partners' revenues will increase 8.8% and EPS will increase 27.5%.

The average estimate for revenue is $100.3 million. On the bottom line, the average EPS estimate is $0.51.


Revenue details
Last quarter, Teekay LNG Partners booked revenue of $99.2 million. GAAP reported sales were 6.4% higher than the prior-year quarter's $93.2 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 $0.55. GAAP EPS of $0.30 for Q1 were 25% lower than the prior-year quarter's $0.40 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 79.0%, 170 basis points better than the prior-year quarter. Operating margin was 47.0%, 50 basis points better than the prior-year quarter. Net margin was 24.9%, 190 basis points worse than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $403.8 million. The average EPS estimate is $2.06.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 227 members out of 234 rating the stock outperform, and seven members rating it underperform. Among 54 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 52 give Teekay LNG 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 Teekay LNG Partners is outperform, with an average price target of $41.70.

The article Will Teekay LNG Partners Beat These Analyst Estimates? 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 a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement