Alliance Resource Partners (Nasdaq: ARLP ) is expected to report Q2 earnings on July 27. 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 Alliance Resource Partners's revenues will grow 12.5% and EPS will decrease 18.1%.
The average estimate for revenue is $515.4 million. On the bottom line, the average EPS estimate is $1.67.
Last quarter, Alliance Resource Partners recorded revenue of $443.6 million. GAAP reported sales were 4.8% higher than the prior-year quarter's $423.3 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 $1.54. GAAP EPS of $1.54 for Q1 were 23% lower than the prior-year quarter's $1.99 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 33.7%, 270 basis points worse than the prior-year quarter. Operating margin was 20.7%, 380 basis points worse than the prior-year quarter. Net margin was 12.9%, 470 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.10 billion. The average EPS estimate is $6.87.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 705 members out of 727 rating the stock outperform, and 22 members rating it underperform. Among 181 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 175 give Alliance Resource Partners a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Alliance Resource Partners is outperform, with an average price target of $83.67.
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