AmeriGas Partners (NYS: APU) reported earnings on April 30. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q2), AmeriGas Partners missed estimates on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue increased slightly. Non-GAAP earnings per share expanded significantly. GAAP earnings per share grew significantly.


Margins expanded across the board.

Revenue details
AmeriGas Partners reported revenue of $1.18 billion. The five analysts polled by S&P Capital IQ expected net sales of $1.31 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $2.38. The six earnings estimates compiled by S&P Capital IQ averaged $2.48 per share. Non-GAAP EPS of $2.38 for Q2 were 31% higher than the prior-year quarter's $1.82 per share. GAAP EPS of $2.32 for Q2 were 62% higher than the prior-year quarter's $1.43 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 48.3%, 630 basis points better than the prior-year quarter. Operating margin was 21.8%, 420 basis points better than the prior-year quarter. Net margin was 18.7%, 710 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $626.4 million. On the bottom line, the average EPS estimate is -$0.47.

Next year's average estimate for revenue is $3.46 billion. The average EPS estimate is $2.43.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 196 members out of 214 rating the stock outperform, and 18 members rating it underperform. Among 66 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 63 give AmeriGas 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 AmeriGas Partners is hold, with an average price target of $42.39.

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The article AmeriGas Partners Misses on the Top and Bottom Lines 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. 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.

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