Will These Numbers from Eagle Rock Energy Partners Be Good Enough for You?

Eagle Rock Energy Partners (Nasdaq: EROC  ) is expected to report Q1 earnings around April 25. 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 Eagle Rock Energy Partners's revenues will expand 39.0% and EPS will drop -33.3%.

The average estimate for revenue is $313.9 million. On the bottom line, the average EPS estimate is $0.04.

Revenue details
Last quarter, Eagle Rock Energy Partners logged revenue of $312.4 million. GAAP reported sales were 19% higher than the prior-year quarter's $256.4 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, EPS came in at -$0.38. GAAP EPS were -$0.38 for Q4 against -$0.19 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 24.1%, 820 basis points worse than the prior-year quarter. Operating margin was 3.2%, much better than the prior-year quarter. Net margin was -18.1%, 810 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.30 billion. The average EPS estimate is $0.19.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 533 members out of 551 rating the stock outperform, and 18 members rating it underperform. Among 168 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 163 give Eagle Rock Energy Partners a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Eagle Rock Energy Partners is outperform, with an average price target of $10.40.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


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Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On April 23, 2013, at 9:50 PM, DAG1996MF wrote:

    "The Partnership plans to report first quarter 2013 financial and operating results after market close on Wednesday, May 1, 2013."

  • Report this Comment On April 25, 2013, at 12:15 PM, swiver wrote:

    They need to clean up their records management

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