The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Exterran Holdings beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew slightly and GAAP earnings per share grew. The non-GAAP profit was a surprise, as analysts had predicted a loss.
Margins grew across the board.
Exterran Holdings logged revenue of $718.7 million. The five analysts polled by S&P Capital IQ expected a top line of $710.3 million on the same basis. GAAP reported sales were 4.2% higher than the prior-year quarter's $689.8 million.
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 $0.02. The six earnings estimates compiled by S&P Capital IQ anticipated -$0.10 per share. GAAP EPS were $1.75 for Q3 versus -$3.44 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 quarter, gross margin was 29.3%, 220 basis points better than the prior-year quarter. Operating margin was 5.6%, 430 basis points better than the prior-year quarter. Net margin was 15.8%, 4,710 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $723.3 million. On the bottom line, the average EPS estimate is $0.02.
Next year's average estimate for revenue is $2.69 billion. The average EPS estimate is -$1.10.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 127 members out of 140 rating the stock outperform, and 13 members rating it underperform. Among 42 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 39 give Exterran Holdings a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Exterran Holdings is outperform, with an average price target of $23.80.
Are you missing a big story in the energy space? Read about "One Stock to Own Before Nat Gas Act 2011 Becomes Law." Click here for instant access to this free report.
- Add Exterran Holdings to My Watchlist.