The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Exterran Holdings beat expectations on revenue and exceeded expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP loss per share dropped.
Gross margin dropped, operating margin improved, and net margin grew.
Exterran Holdings booked revenue of $702.9 million. The six analysts polled by S&P Capital IQ foresaw sales of $634.9 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $615.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at -$0.14. The eight earnings estimates compiled by S&P Capital IQ forecast -$0.43 per share on the same basis. GAAP EPS were -$1.06 for Q4 compared to -$1.90 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 quarter, gross margin was 26.6%, 420 basis points worse than the prior-year quarter. Operating margin was 1.5%, 460 basis points better than the prior-year quarter. Net margin was -9.5%, 970 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $661.2 million. On the bottom line, the average EPS estimate is -$0.38.
Next year's average estimate for revenue is $2.78 billion. The average EPS estimate is -$1.14.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 126 members out of 138 rating the stock outperform, and 12 members rating it underperform. Among 55 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 52 give Exterran Holdings a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Exterran Holdings is hold, with an average price target of $18.83.
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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. 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.