Transmontaigne Partners (NYSE: TLP ) is expected to report Q2 earnings around July 16. 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 Transmontaigne Partners's revenues will increase 5.5% and EPS will compress -23.9%.
The average estimate for revenue is $40.6 million. On the bottom line, the average EPS estimate is $0.54.
Revenue details
Last quarter, Transmontaigne Partners tallied revenue of $41.6 million. GAAP reported sales were 7.1% higher than the prior-year quarter's $38.8 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, EPS came in at $0.70. GAAP EPS of $0.70 for Q1 were 13% higher than the prior-year quarter's $0.62 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 61.8%, 310 basis points worse than the prior-year quarter. Operating margin was 29.9%, 200 basis points better than the prior-year quarter. Net margin was 27.7%, 160 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $163.3 million. The average EPS estimate is $2.18.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 233 members out of 239 rating the stock outperform, and six members rating it underperform. Among 90 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 90 give Transmontaigne Partners 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 Transmontaigne Partners is outperform, with an average price target of $49.67.
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