Will These Numbers from Foster Wheeler Be Good Enough for You?
Foster Wheeler (NAS: FWLT) is expected to report Q4 earnings on March 1. 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 Foster Wheeler's revenues will drop -13.0% and EPS will increase 17.9%.
The average estimate for revenue is $981.7 million. On the bottom line, the average EPS estimate is $0.46.
Revenue details
Last quarter, Foster Wheeler booked revenue of $803.2 million. GAAP reported sales were 29% lower than the prior-year quarter's $1.13 billion.
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 $0.56. GAAP EPS of $0.54 for Q3 were 74% higher than the prior-year quarter's $0.31 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 19.2%, 720 basis points better than the prior-year quarter. Operating margin was 8.2%, 360 basis points better than the prior-year quarter. Net margin was 7.2%, 390 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $3.67 billion. The average EPS estimate is $1.70.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,632 members out of 1,682 rating the stock outperform, and 50 members rating it underperform. Among 375 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 367 give Foster Wheeler a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Foster Wheeler is outperform, with an average price target of $28.50.
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The article Will These Numbers from Foster Wheeler Be Good Enough for You? 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.
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