Can Teekay Offshore Partners Beat These Numbers?
Apr 10th 2013 1:05AM
Updated Apr 10th 2013 1:06AM
Teekay Offshore Partners (NYS: TOO) is expected to report Q1 earnings around April 12. 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 Teekay Offshore Partners's revenues will wane -10.3% and EPS will contract -27.0%.
The average estimate for revenue is $219.3 million. On the bottom line, the average EPS estimate is $0.27.
Last quarter, Teekay Offshore Partners logged revenue of $238.3 million. GAAP reported sales were 1.2% lower than the prior-year quarter's $241.2 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 $0.36. GAAP EPS were $0.86 for Q4 against -$0.64 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 49.2%, 60 basis points better than the prior-year quarter. Operating margin was 22.0%, 160 basis points better than the prior-year quarter. Net margin was 28.8%, much better than the prior-year quarter.
The full year's average estimate for revenue is $970.6 million. The average EPS estimate is $1.26.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 106 members out of 118 rating the stock outperform, and 12 members rating it underperform. Among 30 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 28 give Teekay Offshore Partners 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 Teekay Offshore Partners is outperform, with an average price target of $30.20.
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The article Can Teekay Offshore Partners Beat These Numbers? 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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