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It's Showtime for Teekay

By Seth Jayson – Updated Apr 10, 2017 at 2:25PM

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Checking expectations

Teekay (NYSE: TK) is expected to report Q4 earnings on Feb. 21. 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 Teekay's revenues will drop -7.2% and EPS will expand 350.0%.

The average estimate for revenue is $475.6 million. On the bottom line, the average EPS estimate is $0.09.

Revenue details
Last quarter, Teekay tallied revenue of $433.9 million. GAAP reported sales were 1.0% lower than the prior-year quarter's $468.1 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, EPS came in at -$0.29. GAAP EPS were -$0.29 for Q3 against -$4.20 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 48.3%, 370 basis points better than the prior-year quarter. Operating margin was 13.3%, 220 basis points better than the prior-year quarter. Net margin was -4.4%, 5,780 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.82 billion. The average EPS estimate is -$0.74.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 193 members out of 212 rating the stock outperform, and 19 members rating it underperform. Among 58 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 53 give Teekay 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 Teekay is outperform, with an average price target of $37.17.

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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 position in any of the stocks mentioned. 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.

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Stocks Mentioned

Teekay Corporation Stock Quote
Teekay Corporation
TK
$3.59 (2.28%) $0.08

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