What to Expect From Kinder Morgan Energy Partners
Jul 13th 2012 12:38PM
Updated Jul 13th 2012 12:48PM
Kinder Morgan Energy Partners (NYS: KMP) is expected to report Q2 earnings around July 18. 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 Kinder Morgan Energy Partners's revenues will expand 6.1% and EPS will grow 66.7%.
The average estimate for revenue is $2.14 billion. On the bottom line, the average EPS estimate is $0.50.
Last quarter, Kinder Morgan Energy Partners reported revenue of $1.85 billion. GAAP reported sales were 3.6% lower than the prior-year quarter's $1.92 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 $0.61. GAAP EPS were -$0.34 for Q1 versus $0.18 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 52.1%, 890 basis points better than the prior-year quarter. Operating margin was 30.6%, 1,090 basis points better than the prior-year quarter. Net margin was 11.1%, 650 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $8.69 billion. The average EPS estimate is $2.32.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,419 members out of 1,469 rating the stock outperform, and 50 members rating it underperform. Among 415 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 402 give Kinder Morgan Energy Partners a green thumbs-up, and 13 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kinder Morgan Energy Partners is hold, with an average price target of $85.70.
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The article What to Expect From Kinder Morgan Energy 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 of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. 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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