Aegean Marine Petroleum Network (NYSE: ANW ) is expected to report Q2 earnings on Aug. 13. 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 Aegean Marine Petroleum Network's revenues will decrease -1.4% and EPS will grow 114.3%.
The average estimate for revenue is $1.75 billion. On the bottom line, the average EPS estimate is $0.15.
Last quarter, Aegean Marine Petroleum Network reported revenue of $1.81 billion. GAAP reported sales were 12% higher than the prior-year quarter's $1.61 billion.
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 $0.13. GAAP EPS of $0.13 for Q1 were 44% higher than the prior-year quarter's $0.09 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 4.2%, 20 basis points better than the prior-year quarter. Operating margin was 0.7%, 10 basis points better than the prior-year quarter. Net margin was 0.3%, about the same as the prior-year quarter.
The full year's average estimate for revenue is $7.28 billion. The average EPS estimate is $0.73.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 572 members out of 592 rating the stock outperform, and 20 members rating it underperform. Among 80 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 72 give Aegean Marine Petroleum Network 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 Aegean Marine Petroleum Network is buy, with an average price target of $9.25.
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