NuStar Energy (NYSE: NS ) reported earnings on Oct. 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), NuStar Energy beat expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue contracted and GAAP earnings per share shrank significantly.
Margins dropped across the board.
NuStar Energy reported revenue of $1.74 billion. The five analysts polled by S&P Capital IQ predicted revenue of $1.52 billion on the same basis. GAAP reported sales were 4.4% lower than the prior-year quarter's $1.82 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.19. The 10 earnings estimates compiled by S&P Capital IQ forecast $0.50 per share. GAAP EPS of $0.06 for Q3 were 94% lower than the prior-year quarter's $0.93 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 6.6%, 180 basis points worse than the prior-year quarter. Operating margin was 2.9%, 220 basis points worse than the prior-year quarter. Net margin was 0.2%, 360 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $1.02 billion. On the bottom line, the average EPS estimate is $0.63.
Next year's average estimate for revenue is $6.08 billion. The average EPS estimate is $1.45.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 354 members out of 371 rating the stock outperform, and 17 members rating it underperform. Among 120 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 118 give NuStar Energy a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on NuStar Energy is hold, with an average price target of $56.55.
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