Heckmann Beats Analyst Estimates on EPS

Seth Jayson, The Motley Fool
Updated

Heckmann (NYS: HEK) reported earnings on Aug. 6. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Heckmann missed estimates on revenue and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue improved significantly and GAAP earnings per share increased.


Gross margins contracted, operating margins contracted, and net margins expanded.

Revenue details
Heckmann logged revenue of $90.8 million. The eight analysts polled by S&P Capital IQ foresaw sales of $98.9 million on the same basis. GAAP reported sales were much higher than the prior-year quarter's $39.2 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.07. The seven earnings estimates compiled by S&P Capital IQ predicted $0.02 per share. GAAP EPS of $0.07 for Q2 were much higher than the prior-year quarter's $0.00 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 16.6%, 920 basis points worse than the prior-year quarter. Operating margin was 1.7%, 190 basis points worse than the prior-year quarter. Net margin was 11.8%, 1,130 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $100.1 million. On the bottom line, the average EPS estimate is $0.00.

Next year's average estimate for revenue is $348.8 million. The average EPS estimate is $0.06.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 468 members out of 484 rating the stock outperform, and 16 members rating it underperform. Among 102 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 95 give Heckmann a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Heckmann is hold, with an average price target of $5.31.

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The article Heckmann Beats Analyst Estimates on EPS 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 owns shares of Heckmann and has the following options: long JAN 2014 $4.00 calls on Heckmann. 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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