Connecticut Water Service Earnings Are on Deck
Mar 11th 2013 9:07PM
Updated Mar 11th 2013 11:00PM
Connecticut Water Service (NAS: CTWS) is expected to report Q4 earnings around March 13. 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 Connecticut Water Service's revenues will grow 20.0% and EPS will decrease -19.0%.
The average estimate for revenue is $18.5 million. On the bottom line, the average EPS estimate is $0.17.
Last quarter, Connecticut Water Service reported revenue of $24.5 million. GAAP reported sales were 19% higher than the prior-year quarter's $20.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.67. GAAP EPS of $0.67 for Q3 were 60% higher than the prior-year quarter's $0.42 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 58.0%, 20 basis points worse than the prior-year quarter. Operating margin was 40.1%, 60 basis points worse than the prior-year quarter. Net margin was 24.4%, 630 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $82.9 million. The average EPS estimate is $1.51.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 41 members out of 44 rating the stock outperform, and three members rating it underperform. Among 20 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 18 give Connecticut Water Service a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Connecticut Water Service is outperform, with an average price target of $32.75.
Looking for alternatives to Connecticut Water Service? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Connecticut Water Service to My Watchlist.
The article Connecticut Water Service Earnings Are on Deck 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.