Alon USA Energy
The 10-second takeaway
For the quarter ended March 31 (Q1), Alon USA Energy beat expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue shrank. GAAP earnings per share expanded.
Margins grew across the board.
Alon USA Energy logged revenue of $1.65 billion. The five analysts polled by S&P Capital IQ predicted revenue of $1.53 billion on the same basis. GAAP reported sales were 7.0% lower than the prior-year quarter's $1.78 billion.
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 $0.80. The nine earnings estimates compiled by S&P Capital IQ predicted $0.55 per share. GAAP EPS were $0.80 for Q1 compared to -$0.52 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 12.0%, 630 basis points better than the prior-year quarter. Operating margin was 7.6%, 820 basis points better than the prior-year quarter. Net margin was 3.3%, 500 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $1.72 billion. On the bottom line, the average EPS estimate is $0.57.
Next year's average estimate for revenue is $6.52 billion. The average EPS estimate is $1.85.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 365 members out of 388 rating the stock outperform, and 23 members rating it underperform. Among 91 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 86 give Alon USA Energy 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 Alon USA Energy is hold, with an average price target of $20.14.
Is Alon USA Energy 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 Alon USA Energy 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 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.