Gulf Island Fabrication (Nasdaq: GIFI) is expected to report Q4 earnings around Feb. 24. 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 Gulf Island Fabrication's revenues will expand 58.9% and EPS will grow 358.3%.

The average estimate for revenue is $140.5 million. On the bottom line, the average EPS estimate is $0.55.

Revenue details
Last quarter, Gulf Island Fabrication logged revenue of $141.8 million. GAAP reported sales were 65% higher than the prior-year quarter's $85.8 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.26. GAAP EPS were -$0.72 for Q3 versus $0.11 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was -2.7%, 740 basis points worse than the prior-year quarter. Operating margin was -10.8%, 1,320 basis points worse than the prior-year quarter. Net margin was -7.3%, 910 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $534.5 million. The average EPS estimate is $1.31.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 362 members out of 379 rating the stock outperform, and 17 members rating it underperform. Among 82 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 80 give Gulf Island Fabrication 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 Gulf Island Fabrication is hold, with an average price target of $35.75.

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