Stonemor Partners (NYSE: STON ) is expected to report Q3 earnings on Nov. 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 Stonemor Partners's revenues will expand 3.8% and EPS will remain in the red.
The average estimate for revenue is $62.6 million. On the bottom line, the average EPS estimate is -$0.11.
Last quarter, Stonemor Partners tallied revenue of $61.5 million. GAAP reported sales were 2.3% higher than the prior-year quarter's $60.1 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 -$0.11. GAAP EPS were -$0.11 for Q2 versus $0.04 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 57.0%, 110 basis points better than the prior-year quarter. Operating margin was 4.2%, 330 basis points worse than the prior-year quarter. Net margin was -3.5%, 480 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $247.9 million. The average EPS estimate is -$0.20.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 353 members out of 374 rating the stock outperform, and 21 members rating it underperform. Among 109 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 104 give Stonemor Partners a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Stonemor Partners is outperform, with an average price target of $30.33.
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