Are You Expecting This from Global Partners?
Global Partners (NYS: GLP) is expected to report Q1 earnings on May 9. 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 Global Partners's revenues will grow 6.5% and EPS will grow 309.1%.
The average estimate for revenue is $4.23 billion. On the bottom line, the average EPS estimate is $0.45.
Revenue details
Last quarter, Global Partners chalked up revenue of $5.12 billion. GAAP reported sales were 25% higher than the prior-year quarter's $4.11 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 $0.81. GAAP EPS of $0.80 for Q4 were 74% higher than the prior-year quarter's $0.46 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 2.0%, 60 basis points better than the prior-year quarter. Operating margin was 0.6%, 10 basis points better than the prior-year quarter. Net margin was 0.4%, 20 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $18.49 billion. The average EPS estimate is $3.03.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 142 members out of 150 rating the stock outperform, and eight members rating it underperform. Among 35 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 34 give Global 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 Global Partners is hold, with an average price target of $27.75.
Is Global 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 Global Partners to My Watchlist.
The article Are You Expecting This from Global 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.
