NewMarket (NYSE: NEU ) is expected to report Q2 earnings on July 30. 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 NewMarket's revenues will grow 3.7% and EPS will grow 3.8%.
The average estimate for revenue is $612.2 million. On the bottom line, the average EPS estimate is $4.87.
Last quarter, NewMarket tallied revenue of $562.6 million. GAAP reported sales were 0.0% lower than the prior-year quarter's $562.7 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 $5.04. GAAP EPS of $5.07 for Q1 were 2.2% higher than the prior-year quarter's $4.96 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 30.3%, 20 basis points better than the prior-year quarter. Operating margin was 17.5%, 110 basis points worse than the prior-year quarter. Net margin was 12.1%, 30 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.30 billion. The average EPS estimate is $18.30.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 261 members out of 270 rating the stock outperform, and nine members rating it underperform. Among 82 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 79 give NewMarket a green thumbs-up, and three give it a red thumbs-down.
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