The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Exterran Partners beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share increased significantly.
Margins expanded across the board.
Exterran Partners logged revenue of $99.3 million. The five analysts polled by S&P Capital IQ wanted to see sales of $97.3 million on the same basis. GAAP reported sales were 18% higher than the prior-year quarter's $84.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.21. The four earnings estimates compiled by S&P Capital IQ predicted $0.16 per share. GAAP EPS of $0.21 for Q3 were 250% higher than the prior-year quarter's $0.06 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 51.0%, 230 basis points better than the prior-year quarter. Operating margin was 17.1%, 360 basis points better than the prior-year quarter. Net margin was 10.5%, 660 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $98.5 million. On the bottom line, the average EPS estimate is $0.17.
Next year's average estimate for revenue is $381.7 million. The average EPS estimate is $0.57.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 144 members out of 150 rating the stock outperform, and six members rating it underperform. Among 62 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 61 give Exterran Partners a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Exterran Partners is outperform, with an average price target of $28.30.
Is Exterran Partners the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.
- Add Exterran Partners to My Watchlist.
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. The Motley Fool has no positions in the stocks mentioned above. 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.