Rowan Companies
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Rowan Companies's revenues will grow 15.7% and EPS will grow 10.6%.
The average estimate for revenue is $385.7 million. On the bottom line, the average EPS estimate is $0.52.
Revenue details
Last quarter, Rowan Companies chalked up revenue of $354.2 million. GAAP reported sales were 29% higher than the prior-year quarter's $275.1 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 $0.44. GAAP EPS of $0.44 for Q4 were 22% higher than the prior-year quarter's $0.36 per share.
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 43.6%, 270 basis points better than the prior-year quarter. Operating margin was 18.4%, 570 basis points better than the prior-year quarter. Net margin was 15.3%, 110 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $1.55 billion. The average EPS estimate is $2.19.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 571 members out of 602 rating the stock outperform, and 31 members rating it underperform. Among 148 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 139 give Rowan Companies a green thumbs-up, and nine 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 $38.56.
Is Rowan Companies the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.
- Add Rowan Companies to My Watchlist.
