Are You Expecting This from Texas Industries?

Checking expectations

Seth Jayson
Seth Jayson
Sep 24, 2012 at 12:00AM
Other

Texas Industries (NYSE: TXI) is expected to report Q1 earnings around Sep. 27. 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 Texas Industries's revenues will increase 1.5% and EPS will remain in the red.

The average estimate for revenue is $184.4 million. On the bottom line, the average EPS estimate is -$0.03.

Revenue details
Last quarter, Texas Industries recorded revenue of $174.6 million. GAAP reported sales were 0.7% lower than the prior-year quarter's $175.8 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, non-GAAP EPS came in at $0.08. GAAP EPS were $2.15 for Q4 against -$0.33 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 16.3%, 1,260 basis points better than the prior-year quarter. Operating margin was 3.1%, 1,330 basis points better than the prior-year quarter. Net margin was 34.5%, 3,970 basis points better than the prior-year quarter.

Looking ahead


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The full year's average estimate for revenue is $676.7 million. The average EPS estimate is -$0.61.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 104 members out of 131 rating the stock outperform, and 27 members rating it underperform. Among 43 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 33 give Texas Industries a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Texas Industries is hold, with an average price target of $35.43.