TransCanada (TSX: TRP) is expected to report Q4 earnings around Feb. 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 TransCanada's revenues will wane -10.2% and EPS will compress -2.0%.
The average estimate for revenue is $2.09 billion. On the bottom line, the average EPS estimate is $0.50.
Last quarter, TransCanada booked revenue of $2.16 billion. GAAP reported sales were 9.7% higher than the prior-year quarter's $1.97 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 $0.51. GAAP EPS of $0.53 were the same as 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 48.5%, 310 basis points worse than the prior-year quarter. Operating margin was 32.4%, 270 basis points worse than the prior-year quarter. Net margin was 18.0%, 150 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $8.00 billion. The average EPS estimate is $1.93.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 392 members out of 403 rating the stock outperform, and 11 members rating it underperform. Among 106 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 103 give TransCanada 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 TransCanada is outperform, with an average price target of $47.42.
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