The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Tidewater's revenues will expand 11.7% and EPS will increase 18.5%.
The average estimate for revenue is $328.9 million. On the bottom line, the average EPS estimate is $0.77.
Last quarter, Tidewater logged revenue of $328.3 million. GAAP reported sales were 13% higher than the prior-year quarter's $289.4 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.
Last quarter, EPS came in at $0.95. GAAP EPS of $0.95 for Q4 were 44% higher than the prior-year quarter's $0.66 per share.
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 preceding quarter, gross margin was 43.8%, 120 basis points better than the prior-year quarter. Operating margin was 16.7%, 200 basis points better than the prior-year quarter. Net margin was 14.2%, 260 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.42 billion. The average EPS estimate is $4.11.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 683 members out of 707 rating the stock outperform, and 24 members rating it underperform. Among 167 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 165 give Tidewater a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Tidewater is outperform, with an average price target of $53.93.
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