TC PipeLines (NYSE: TCP ) is expected to report Q4 earnings on Feb. 8. 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 TC PipeLines's revenues will grow 6.2% and EPS will wane -10.0%.
The average estimate for revenue is $58.3 million. On the bottom line, the average EPS estimate is $0.63.
Last quarter, TC PipeLines chalked up revenue of $48.0 million. GAAP reported sales were 17% lower than the prior-year quarter's $58.0 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 $0.64. GAAP EPS of $0.64 for Q3 were 15% lower than the prior-year quarter's $0.75 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 91.7%, 140 basis points worse than the prior-year quarter. Operating margin was 85.4%, 80 basis points worse than the prior-year quarter. Net margin was 72.9%, 220 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $220.9 million. The average EPS estimate is $2.57.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 167 members out of 180 rating the stock outperform, and 13 members rating it underperform. Among 62 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 58 give TC PipeLines a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on TC PipeLines is hold, with an average price target of $46.05.
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