DCP Midstream Partners (NYS: DPM) is expected to report Q1 earnings on May 6. 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 DCP Midstream Partners's revenues will expand 31.1% and EPS will shrink -20.8%.
The average estimate for revenue is $689.1 million. On the bottom line, the average EPS estimate is $0.61.
Last quarter, DCP Midstream Partners recorded revenue of $450.5 million. GAAP reported sales were 25% lower than the prior-year quarter's $575.8 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 $0.83. GAAP EPS were $0.87 for Q4 compared to -$0.19 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 19.5%, 460 basis points better than the prior-year quarter. Operating margin was 15.2%, much better than the prior-year quarter. Net margin was 12.2%, much better than the prior-year quarter.
The full year's average estimate for revenue is $2.42 billion. The average EPS estimate is $2.11.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 229 members out of 240 rating the stock outperform, and 11 members rating it underperform. Among 72 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 71 give DCP Midstream 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 DCP Midstream Partners is outperform, with an average price target of $49.13.
Is DCP Midstream 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 DCP Midstream Partners to My Watchlist.
The article What to Expect from DCP Midstream 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 recommends DCP Midstream Partners, LP. 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.