Vanguard Natural Resources (NYSE: VNR ) is expected to report Q2 earnings on Aug. 2. 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 Vanguard Natural Resources' revenues will shrink -2.9% and EPS will shrink -23.1%.
The average estimate for revenue is $78.1 million. On the bottom line, the average EPS estimate is $0.40.
Last quarter, Vanguard Natural Resources booked revenue of $82.7 million. GAAP reported sales were 15% higher than the prior-year quarter's $72.0 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 $0.41. GAAP EPS were -$0.04 for Q1 against -$1.01 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 69.3%, 490 basis points worse than the prior-year quarter. Operating margin was 5.5%, 6,440 basis points better than the prior-year quarter. Net margin was -2.4%, 3,980 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $353.7 million. The average EPS estimate is $1.79.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 244 members out of 257 rating the stock outperform, and 13 members rating it underperform. Among 63 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 59 give Vanguard Natural Resources a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Vanguard Natural Resources is outperform, with an average price target of $32.07.
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