Alliance Resource Partners
The 10-second takeaway
For the quarter ended March 31 (Q1), Alliance Resource Partners beat expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly. GAAP earnings per share grew significantly.
Gross margins expanded, operating margins dropped, net margins increased.
Alliance Resource Partners reported revenue of $548.1 million. The six analysts polled by S&P Capital IQ hoped for revenue of $529.5 million on the same basis. GAAP reported sales were 24% higher than the prior-year quarter's $443.6 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 $1.95. The six earnings estimates compiled by S&P Capital IQ predicted $1.37 per share. GAAP EPS of $1.95 for Q1 were 27% higher than the prior-year quarter's $1.54 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 36.3%, 260 basis points better than the prior-year quarter. Operating margin was 20.5%, 20 basis points worse than the prior-year quarter. Net margin was 13.4%, 50 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $546.7 million. On the bottom line, the average EPS estimate is $1.44.
Next year's average estimate for revenue is $2.18 billion. The average EPS estimate is $5.84.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 710 members out of 730 rating the stock outperform, and 20 members rating it underperform. Among 185 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 179 give Alliance Resource Partners a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Alliance Resource Partners is outperform, with an average price target of $77.00.
Is Alliance Resource 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 Alliance Resource Partners to My Watchlist.