Integrys Energy Group
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Integrys Energy Group whiffed on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share shrank significantly.
Margins dropped across the board.
Revenue details
Integrys Energy Group booked revenue of $1.13 billion. The two analysts polled by S&P Capital IQ looked for a top line of $1.74 billion on the same basis. GAAP reported sales were 12% lower than the prior-year quarter's $1.29 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Non-GAAP EPS came in at $1.01. The six earnings estimates compiled by S&P Capital IQ predicted $0.98 per share on the same basis. GAAP EPS of $0.49 for Q4 were 47% lower than the prior-year quarter's $0.92 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 13.6%, 340 basis points worse than the prior-year quarter. Operating margin was 5.9%, 440 basis points worse than the prior-year quarter. Net margin was 3.4%, 220 basis points worse than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $1.62 billion. On the bottom line, the average EPS estimate is $1.68.
Next year's average estimate for revenue is $5.50 billion. The average EPS estimate is $3.58.
Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Integrys Energy Group is hold, with an average price target of $51.50.
Can your retirement portfolio provide you with enough income to last? You'll need more than Integrys Energy Group. Learn about crafting a smarter retirement plan in "The Shocking Can't-Miss Truth About Your Retirement." Click here for instant access to this free report.
- Add Integrys Energy Group to My Watchlist.
