Inergy Earnings: Everything You Must Know Now

Inergy, L.P. (NYSE:NRGY) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

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Inergy, L.P. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased to $-0.04 in the quarter versus EPS of $0.31 in the year-earlier quarter.

Revenue: Decreased 32% to $450.4 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Inergy, L.P. reported adjusted EPS loss of $0.04 per share. By that measure, the company missed the mean analyst estimate of $0.05. It beat the average revenue estimate of $382.15 million.

Quoting Management: There was no comment from the management.

Key Stats (on next page)…

Revenue increased 2.69% from $438.6 million in the previous quarter. EPS decreased to $-0.04 in the quarter versus EPS of $0.01 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.08 to a profit $0.05. For the current year, the average estimate has moved down from a profit of $0.34 to a profit of $0.21 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)