The 10-second takeaway
For the quarter ended June 30 (Q2), Questar whiffed on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew. GAAP earnings per share stayed the same.
Margins shrank across the board.
Questar notched revenue of $195.6 million. The four analysts polled by S&P Capital IQ predicted sales of $239.4 million on the same basis. GAAP reported sales were 3.8% higher than the prior-year quarter's $188.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
EPS came in at $0.22. The 10 earnings estimates compiled by S&P Capital IQ averaged $0.21 per share. GAAP EPS of $0.22 were the same as the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the quarter, gross margin was 77.0%, 130 basis points worse than the prior-year quarter. Operating margin was 36.3%, 200 basis points worse than the prior-year quarter. Net margin was 20.1%, 70 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $187.0 million. On the bottom line, the average EPS estimate is $0.16.
Next year's average estimate for revenue is $1.26 billion. The average EPS estimate is $1.18.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 297 members out of 318 rating the stock outperform, and 21 members rating it underperform. Among 88 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 82 give Questar 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 Questar is hold, with an average price target of $25.57.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Questar. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.
- Add Questar to My Watchlist.