Will Western Refining Beat These Analyst Estimates?
Western Refining (NYS: WNR) is expected to report Q2 earnings on Aug. 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 Western Refining's revenues will decrease -9.5% and EPS will wither -36.0%.
The average estimate for revenue is $2.24 billion. On the bottom line, the average EPS estimate is $1.21.
Last quarter, Western Refining chalked up revenue of $2.19 billion. GAAP reported sales were 6.5% lower than the prior-year quarter's $2.34 billion.
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 $0.94. GAAP EPS were $0.81 for Q1 compared to -$0.60 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 10.2%, much better than the prior-year quarter. Operating margin was 7.9%, much better than the prior-year quarter. Net margin was 3.8%, 610 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $9.54 billion. The average EPS estimate is $3.66.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,100 members out of 1,152 rating the stock outperform, and 52 members rating it underperform. Among 254 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 246 give Western Refining 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 Western Refining is outperform, with an average price target of $40.80.
Is Western Refining 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 Western Refining to My Watchlist.
The article Will Western Refining Beat These Analyst Estimates? 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 owns shares of Western Refining. 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.