Eagle Rock Energy Partners (Nasdaq: EROC ) is expected to report Q4 earnings on Feb. 25. 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 Eagle Rock Energy Partners's revenues will increase 40.5% and EPS will turn positive
The average estimate for revenue is $310.1 million. On the bottom line, the average EPS estimate is $0.04.
Last quarter, Eagle Rock Energy Partners logged revenue of $163.4 million. GAAP reported sales were 28% lower than the prior-year quarter's $275.7 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 $0.00. GAAP EPS were -$0.78 for Q3 against $0.75 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 30.6%, about the same as the prior-year quarter. Operating margin was -18.6%, 6,330 basis points worse than the prior-year quarter. Net margin was -54.0%, 8,930 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $974.9 million. The average EPS estimate is -$0.09.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 535 members out of 554 rating the stock outperform, and 19 members rating it underperform. Among 183 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 178 give Eagle Rock Energy Partners a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Eagle Rock Energy Partners is outperform, with an average price target of $10.67.
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