Capital Product Partners (NAS: CPLP) is expected to report Q1 earnings on April 30. 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 Capital Product Partners's revenues will drop -2.0% and EPS will expand 60.0%.
The average estimate for revenue is $39.0 million. On the bottom line, the average EPS estimate is $0.08.
Last quarter, Capital Product Partners booked revenue of $38.3 million. GAAP reported sales were 13% lower than the prior-year quarter's $44.0 million.
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 $0.08. GAAP EPS were -$0.55 for Q4 versus -$0.01 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 68.4%, much better than the prior-year quarter. Operating margin was 31.2%, 90 basis points better than the prior-year quarter. Net margin was -91.4%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $171.3 million. The average EPS estimate is $0.34.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 171 members out of 180 rating the stock outperform, and nine members rating it underperform. Among 52 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 49 give Capital Product Partners a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Capital Product Partners is outperform, with an average price target of $8.58.
Is Capital Product Partners the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.
Add Capital Product Partners to My Watchlist.
The article Capital Product Partners Earnings Up Next 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.