Atlas Pipeline Partners (NYSE: APL ) is expected to report Q4 earnings on Feb. 18. 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 Atlas Pipeline Partners's revenues will increase 12.0% and EPS will wither -240.0%.
The average estimate for revenue is $353.7 million. On the bottom line, the average EPS estimate is $0.21.
Last quarter, Atlas Pipeline Partners reported revenue of $277.6 million. GAAP reported sales were 17% lower than the prior-year quarter's $353.2 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 -$0.17. GAAP EPS were -$0.17 for Q3 against $0.87 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 18.2%, 220 basis points better than the prior-year quarter. Operating margin was -0.3%, 1,490 basis points worse than the prior-year quarter. Net margin was -2.7%, 1,640 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.23 billion. The average EPS estimate is $1.32.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Atlas Pipeline Partners is outperform, with an average price target of $39.60.
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