Exterran Partners Beats Analyst Estimates on EPS

Exterran Partners (Nasdaq: EXLP  ) reported earnings on May 3. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Exterran Partners met expectations on revenues and beat expectations on earnings per share.

Compared with the prior-year quarter, revenue improved significantly and GAAP earnings per share increased.

Margins grew across the board.

Revenue details
Exterran Partners notched revenue of $88.7 million. The four analysts polled by S&P Capital IQ expected net sales of $89.0 million on the same basis. GAAP reported sales were 29% higher than the prior-year quarter's $68.7 million.

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 $0.11. The three earnings estimates compiled by S&P Capital IQ anticipated $0.08 per share. GAAP EPS were $0.09 for Q1 compared to -$0.01 per share for the prior-year quarter.

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 50.3%, 420 basis points better than the prior-year quarter. Operating margin was 13.5%, 290 basis points better than the prior-year quarter. Net margin was 5.1%, 480 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $99.2 million. On the bottom line, the average EPS estimate is $0.17.

Next year's average estimate for revenue is $388.0 million. The average EPS estimate is $0.58.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 144 members out of 150 rating the stock outperform, and six members rating it underperform. Among 63 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 62 give Exterran Partners a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Exterran Partners is outperform, with an average price target of $27.90.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings. He is the 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 don't 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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