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Are You Expecting This from Copano Energy?

By Seth Jayson – Updated Apr 10, 2017 at 7:55AM

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Checking expectations

Copano Energy (Nasdaq: CPNO) is expected to report Q1 earnings around April 11. 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 Copano Energy's revenues will expand 20.7% and EPS will turn positive

The average estimate for revenue is $407.0 million. On the bottom line, the average EPS estimate is $0.19.

Revenue details
Last quarter, Copano Energy recorded revenue of $396.8 million. GAAP reported sales were 12% higher than the prior-year quarter's $355.6 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 $0.22. GAAP EPS were -$0.66 for Q4 versus -$0.02 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 13.2%, 90 basis points better than the prior-year quarter. Operating margin was 4.8%, 190 basis points better than the prior-year quarter. Net margin was -10.4%, much worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.69 billion. The average EPS estimate is $1.14.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 338 members out of 354 rating the stock outperform, and 16 members rating it underperform. Among 118 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 115 give Copano Energy a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Copano Energy is hold, with an average price target of $35.50.

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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. 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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