Longwei Petroleum Investment Holding (AMEX: LPH) is expected to report Q1 earnings around Nov. 9. 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 Longwei Petroleum Investment Holding's revenues will grow 11.9% and EPS will wither 0.0%.
The average estimate for revenue is $132.8 million. On the bottom line, the average EPS estimate is $0.15.
Last quarter, Longwei Petroleum Investment Holding logged revenue of $136.0 million. GAAP reported sales were 6.2% higher than the prior-year quarter's $128.4 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 $0.13. GAAP EPS of $0.14 for Q4 were 36% lower than the prior-year quarter's $0.22 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 16.3%, 560 basis points worse than the prior-year quarter. Operating margin was 15.0%, 530 basis points worse than the prior-year quarter. Net margin was 12.6%, 440 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $761.2 million. The average EPS estimate is $0.86.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Longwei Petroleum Investment Holding is buy, with an average price target of $5.06.
Is Longwei Petroleum Investment Holding 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 Longwei Petroleum Investment Holding 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.