Heckmann (NYSE: HEK ) is expected to report Q2 earnings on Aug. 6. 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 Heckmann's revenue will improve 110.7%.
The average estimate for revenue is $98.9 million. On the bottom line, the average EPS estimate is $0.02.
Last quarter, Heckmann logged revenue of $55.0 million. GAAP reported sales were much higher than the prior-year quarter's $18.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at -$0.03. GAAP EPS were -$0.03 for Q1 compared to $0.00 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 12.7%, 1,150 basis points worse than the prior-year quarter. Operating margin was -2.1%, 80 basis points better than the prior-year quarter. Net margin was -7.0%, 900 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $373.4 million. The average EPS estimate is $0.07.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 455 members out of 470 rating the stock outperform, and 15 members rating it underperform. Among 89 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 81 give Heckmann a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Heckmann is outperform, with an average price target of $6.58.
How did Heckmann treat you during the oil spike in 2008 and the subsequent bust? More importantly, what are you doing to prepare for the next spike that some experts believe may be just around the corner? Prepare yourself with a well-positioned energy stock we profile in "The Only Energy Stock You'll Ever Need." Click here for instant access to this free report.