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.
Revenue details
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.
EPS details
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.
Recent performance
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.
Looking ahead
The full year's average estimate for revenue is $761.2 million. The average EPS estimate is $0.86.
Investor sentiment
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.
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