The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Questar whiffed on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue shrank. Non-GAAP earnings per share increased. GAAP earnings per share grew.
Margins expanded across the board.
Questar reported revenue of $343.0 million. The three analysts polled by S&P Capital IQ hoped for sales of $399.6 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.38. The nine earnings estimates compiled by S&P Capital IQ anticipated $0.35 per share. Non-GAAP EPS of $0.38 for Q4 were 12% higher than the prior-year quarter's $0.34 per share. GAAP EPS of $0.36 for Q4 were 5.9% higher than the prior-year quarter's $0.34 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 56.1%, 460 basis points better than the prior-year quarter. Operating margin was 31.7%, 160 basis points better than the prior-year quarter. Net margin was 18.6%, 120 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $459.4 million. On the bottom line, the average EPS estimate is $0.43.
Next year's average estimate for revenue is $1.33 billion. The average EPS estimate is $1.20.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 304 members out of 324 rating the stock outperform, and 20 members rating it underperform. Among 104 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 98 give Questar a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Questar is outperform, with an average price target of $21.41.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Questar. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.
- Add Questar to My Watchlist.