ONEOK (NYSE: OKE ) is expected to report Q4 earnings on Feb. 25. 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 ONEOK's revenues will wane -18.8% and EPS will wane -14.8%.
The average estimate for revenue is $3.31 billion. On the bottom line, the average EPS estimate is $0.46.
Revenue details
Last quarter, ONEOK tallied revenue of $3.03 billion. GAAP reported sales were 14% lower than the prior-year quarter's $3.53 billion.
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 $0.31. GAAP EPS of $0.31 for Q3 were 6.9% higher than the prior-year quarter's $0.29 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 11.5%, 170 basis points better than the prior-year quarter. Operating margin was 8.0%, 90 basis points better than the prior-year quarter. Net margin was 2.2%, 50 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $12.32 billion. The average EPS estimate is $1.64.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 412 members out of 427 rating the stock outperform, and 15 members rating it underperform. Among 152 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 148 give ONEOK a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ONEOK is outperform, with an average price target of $50.35.
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