Rowan Companies (NYSE: RDC ) is expected to report Q4 earnings on Feb. 28. 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 Rowan Companies's revenues will grow 29.1% and EPS will grow 81.5%.
The average estimate for revenue is $355.0 million. On the bottom line, the average EPS estimate is $0.49.
Last quarter, Rowan Companies recorded revenue of $353.9 million. GAAP reported sales were 51% higher than the prior-year quarter's $234.7 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 $0.39. GAAP EPS of $0.22 for Q3 were 86% lower than the prior-year quarter's $1.53 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 44.3%, 40 basis points worse than the prior-year quarter. Operating margin was 17.1%, 350 basis points better than the prior-year quarter. Net margin was 7.8%, 7,480 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.39 billion. The average EPS estimate is $1.85.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 569 members out of 600 rating the stock outperform, and 31 members rating it underperform. Among 163 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 155 give Rowan Companies a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rowan Companies is outperform, with an average price target of $41.23.
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