Crosstex Energy Earnings Are on Deck

Crosstex Energy (Nasdaq: XTXI  ) is expected to report Q4 earnings on March 1. 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 Crosstex Energy's revenues will drop -6.6% and EPS will remain in the red.

The average estimate for revenue is $449.4 million. On the bottom line, the average EPS estimate is -$0.27.

Revenue details
Last quarter, Crosstex Energy recorded revenue of $407.0 million. GAAP reported sales were 21% lower than the prior-year quarter's $517.5 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 -$0.09. GAAP EPS were -$0.09 for Q3 compared to -$0.04 per share for the prior-year quarter.

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 15.8%, 370 basis points better than the prior-year quarter. Operating margin was 2.5%, 60 basis points worse than the prior-year quarter. Net margin was -1.1%, 80 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.61 billion. The average EPS estimate is -$0.41.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 307 members out of 345 rating the stock outperform, and 38 members rating it underperform. Among 112 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 102 give Crosstex Energy a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Crosstex Energy is outperform, with an average price target of $15.75.

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