MarkWest Energy Partners (NYSE: MWE ) is expected to report Q4 earnings on Feb. 27. 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 MarkWest Energy Partners's revenues will grow 19.8% and EPS will wither -57.3%.
The average estimate for revenue is $400.0 million. On the bottom line, the average EPS estimate is $0.32.
Last quarter, MarkWest Energy Partners tallied revenue of $283.7 million. GAAP reported sales were 20% lower than the prior-year quarter's $400.9 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 $0.13. GAAP EPS were -$0.13 for Q3 versus $1.77 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 62.7%, 990 basis points better than the prior-year quarter. Operating margin was 3.2%, 4,870 basis points worse than the prior-year quarter. Net margin was -4.5%, 3,950 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.50 billion. The average EPS estimate is $1.44.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MarkWest Energy Partners is outperform, with an average price target of $59.70.
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