What to Expect from Western Gas Partners
Western Gas Partners (NYS: WES) is expected to report Q4 earnings on Feb. 27. 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 Western Gas Partners's revenues will grow 27.6% and EPS will grow 22.9%.
The average estimate for revenue is $229.1 million. On the bottom line, the average EPS estimate is $0.43.
Last quarter, Western Gas Partners recorded revenue of $219.0 million. GAAP reported sales were 0.7% higher than the prior-year quarter's $217.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.33. GAAP EPS of $0.33 for Q3 were 20% lower than the prior-year quarter's $0.41 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 44.1%, 10 basis points worse than the prior-year quarter. Operating margin was 22.5%, 370 basis points worse than the prior-year quarter. Net margin was 18.0%, 280 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $867.2 million. The average EPS estimate is $1.59.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 232 members out of 238 rating the stock outperform, and six members rating it underperform. Among 66 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 65 give Western Gas Partners a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Western Gas Partners is outperform, with an average price target of $49.96.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Western Gas Partners. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.
- Add Western Gas Partners to My Watchlist.
The article What to Expect from Western Gas Partners 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 position in any of the stocks mentioned. 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.