Coming Soon: Alpha Natural Resources Earnings
Alpha Natural Resources (NYS: ANR) is expected to report Q3 earnings on Nov. 2. 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 Alpha Natural Resources's revenues will shrink -27.2% and EPS will shrink to a loss.
The average estimate for revenue is $1.68 billion. On the bottom line, the average EPS estimate is -$0.44.
Last quarter, Alpha Natural Resources recorded revenue of $1.85 billion. GAAP reported sales were 15% higher than the prior-year quarter's $1.60 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 -$0.33. GAAP EPS were -$10.14 for Q2 against -$0.32 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 12.5%, 1,630 basis points worse than the prior-year quarter. Operating margin was -3.7%, 1,720 basis points worse than the prior-year quarter. Net margin was -121.5%, 11,840 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $7.06 billion. The average EPS estimate is -$1.50.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 869 members out of 924 rating the stock outperform, and 55 members rating it underperform. Among 172 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 156 give Alpha Natural Resources a green thumbs-up, and 16 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Alpha Natural Resources is outperform, with an average price target of $18.77.
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The article Coming Soon: Alpha Natural Resources Earnings 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.