Niska Gas Storage Partners (NYSE: NKA ) is expected to report Q3 earnings on Jan. 31. 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 Niska Gas Storage Partners's revenues will wither -39.8% and EPS will shrink to a loss.
The average estimate for revenue is $54.1 million. On the bottom line, the average EPS estimate is -$0.03.
Last quarter, Niska Gas Storage Partners tallied revenue of $24.5 million. GAAP reported sales were 54% lower than the prior-year quarter's $58.8 million.
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 $0.07. GAAP EPS were -$0.22 for Q2 compared to $0.40 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 67.5%, 810 basis points worse than the prior-year quarter. Operating margin was -11.0%, 5,570 basis points worse than the prior-year quarter. Net margin was -56.7%, 10,360 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $176.8 million. The average EPS estimate is $0.42.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 126 members out of 133 rating the stock outperform, and seven members rating it underperform. Among 44 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 42 give Niska Gas Storage Partners 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 Niska Gas Storage Partners is underperform, with an average price target of $10.75.
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