EnerNOC's Upcoming Earnings: What You Need To Know

Seth Jayson, The Motley Fool
Updated

EnerNOC (NAS: ENOC) is expected to report Q3 earnings on Nov. 5. 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 EnerNOC's revenues will increase 0.1% and EPS will grow 9.6%.

The average estimate for revenue is $169.4 million. On the bottom line, the average EPS estimate is $1.94.


Revenue details
 Last quarter, EnerNOC tallied revenue of $33.3 million. GAAP reported sales were 44% lower than the prior-year quarter's $58.9 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 -$0.91. GAAP EPS were -$1.10 for Q2 compared to -$0.51 per share for the prior-year quarter.

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 25.8%, 880 basis points worse than the prior-year quarter. Operating margin was -82.7%, 6,150 basis points worse than the prior-year quarter. Net margin was -87.6%, 6,560 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $264.3 million. The average EPS estimate is -$0.53.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 601 members out of 644 rating the stock outperform, and 43 members rating it underperform. Among 158 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 145 give EnerNOC a green thumbs-up, and 13 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on EnerNOC is outperform, with an average price target of $10.31.

The article EnerNOC's Upcoming Earnings: What You Need To Know originally appeared on Fool.com.

Seth Jayson owned shares of the following at the time of publication: EnerNOC. 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 EnerNOC. Motley Fool newsletter services recommend EnerNOC. 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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