The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Inergy's revenues will wither -32.8% and EPS will remain in the red.
The average estimate for revenue is $301.6 million. On the bottom line, the average EPS estimate is -$0.17.
Last quarter, Inergy recorded revenue of $371.6 million. GAAP reported sales were 4.4% lower than the prior-year quarter's $388.7 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 -$0.08. GAAP EPS were -$0.17 for Q3 compared to -$0.32 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 preceding quarter, gross margin was 35.0%, 490 basis points better than the prior-year quarter. Operating margin was 2.4%, 460 basis points better than the prior-year quarter. Net margin was -5.9%, 320 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.00 billion. The average EPS estimate is $0.11.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 218 members out of 235 rating the stock outperform, and 17 members rating it underperform. Among 66 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 61 give Inergy a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Inergy is hold, with an average price target of $21.20.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Inergy. Learn how to maximize your investment income and get "The 3 DOW Stocks Dividend Investors Need." Click here for instant access to this free report.
- Add Inergy to My Watchlist.