Copano Energy (Nasdaq: CPNO ) is expected to report Q3 earnings on Nov. 7. 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 Copano Energy's revenues will grow 1.9% and EPS will contract 0.0%.
The average estimate for revenue is $360.3 million. On the bottom line, the average EPS estimate is $0.06.
Last quarter, Copano Energy logged revenue of $317.3 million. GAAP reported sales were 8.3% lower than the prior-year quarter's $346.1 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 $0.14. GAAP EPS were $0.14 for Q2 against -$0.26 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 17.2%, 290 basis points better than the prior-year quarter. Operating margin was 7.3%, 180 basis points better than the prior-year quarter. Net margin was 6.7%, 940 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.41 billion. The average EPS estimate is -$0.11.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 342 members out of 358 rating the stock outperform, and 16 members rating it underperform. Among 113 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 110 give Copano Energy 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 Copano Energy is hold, with an average price target of $34.89.
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