Aegean Marine Petroleum Network (NYSE: ANW ) is expected to report Q3 earnings on Nov. 14. 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 wither -0.6% and EPS will increase 63.6%.
The average estimate for revenue is $1.83 billion. On the bottom line, the average EPS estimate is $0.18.
Last quarter, Aegean Marine Petroleum Network reported revenue of $1.89 billion. GAAP reported sales were 6.4% higher than the prior-year quarter's $1.77 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.15. GAAP EPS of $0.06 for Q2 were 14% lower than the prior-year quarter's $0.07 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%, 10 basis points better than the prior-year quarter. Operating margin was 1.0%, 40 basis points better than the prior-year quarter. Net margin was 0.1%, 10 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $7.41 billion. The average EPS estimate is $0.66.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 566 members out of 587 rating the stock outperform, and 21 members rating it underperform. Among 82 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 73 give Aegean Marine Petroleum Network a green thumbs-up, and nine 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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