The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict TransCanada's revenues will shrink 7.0% and EPS will drop 7.5%.
The average estimate for revenue is $2.07 billion. On the bottom line, the average EPS estimate is $0.49.
Last quarter, TransCanada notched revenue of $1.91 billion. GAAP reported sales were 0.4% lower than the prior-year quarter's $1.92 billion.
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 $0.52. GAAP EPS of $0.50 for Q1 were 18% lower than the prior-year quarter's $0.61 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 53.6%, 110 basis points worse than the prior-year quarter. Operating margin was 35.6%, 190 basis points worse than the prior-year quarter. Net margin was 19.2%, 360 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $8.55 billion. The average EPS estimate is $2.21.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 397 members out of 409 rating the stock outperform, and 12 members rating it underperform. Among 93 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 91 give TransCanada a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on TransCanada is outperform, with an average price target of $44.84.
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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.