Sunday, February 10, 2013

Coming Soon: PAA Natural Gas Storage Earnings

PAA Natural Gas Storage (NYSE: PNG  ) is expected to report Q4 earnings on Feb. 6. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict PAA Natural Gas Storage's revenues will grow 55.2% and EPS will wane -9.7%.

The average estimate for revenue is $74.8 million. On the bottom line, the average EPS estimate is $0.28.

Revenue details
Last quarter, PAA Natural Gas Storage booked revenue of $66.1 million. GAAP reported sales were 17% lower than the prior-year quarter's $79.3 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.25. GAAP EPS of $0.24 for Q3 were 14% higher than the prior-year quarter's $0.21 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 51.4%, 1,270 basis points better than the prior-year quarter. Operating margin was 30.0%, 840 basis points better than the prior-year quarter. Net margin was 27.1%, 760 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $347.5 million. The average EPS estimate is $0.99.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 67 members out of 68 rating the stock outperform, and one members rating it underperform. Among 29 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 29 give PAA Natural Gas Storage a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on PAA Natural Gas Storage is hold, with an average price target of $19.61.

Can your portfolio provide you with enough income to last through retirement? You'll need more than PAA Natural Gas Storage. 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 PAA Natural Gas Storage to My Watchlist.

No comments:

Post a Comment