Cal Dive International (NYSE: DVR ) 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 Cal Dive International's revenues will drop -7.1% and EPS will remain in the red.
The average estimate for revenue is $118.4 million. On the bottom line, the average EPS estimate is -$0.05.
Last quarter, Cal Dive International booked revenue of $138.1 million. GAAP reported sales were 3.9% higher than the prior-year quarter's $132.9 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 -$0.06. GAAP EPS were -$0.17 for Q3 against -$0.37 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 2.8%, 630 basis points worse than the prior-year quarter. Operating margin was -5.9%, 610 basis points worse than the prior-year quarter. Net margin was -11.5%, 1,440 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $436.8 million. The average EPS estimate is -$0.44.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 511 members out of 533 rating the stock outperform, and 22 members rating it underperform. Among 119 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 113 give Cal Dive International 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 Cal Dive International is outperform, with an average price target of $2.69.
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