The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Seaspan's revenues will grow 0.7% and EPS will wither -31.4%.
The average estimate for revenue is $167.4 million. On the bottom line, the average EPS estimate is $0.24.
Last quarter, Seaspan tallied revenue of $164.9 million. GAAP reported sales were 7.5% higher than the prior-year quarter's $153.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.21. GAAP EPS of $0.53 for Q1 were 3.9% higher than the prior-year quarter's $0.51 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 76.6%, 90 basis points worse than the prior-year quarter. Operating margin was 45.9%, 340 basis points worse than the prior-year quarter. Net margin was 33.7%, 30 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $674.1 million. The average EPS estimate is $0.93.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 830 members out of 866 rating the stock outperform, and 36 members rating it underperform. Among 200 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 191 give Seaspan a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Seaspan is hold, with an average price target of $18.14.
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