Teekay Partners Earnings Preview: Get Ahead of the Analysts

Teekay Lng Partners Lp. (NYSE:TGP) will report earnings before markets open on Thursday, May 9th. Teekay LNG Partners LP transports liquified natural gas, compressed natural gas, and crude oil via its carriers and oil tankers.

Here is your Cheat Sheet to Teekay Lng Partners Lp. Earnings:

Earnings Expectations: Analysts expect earnings of $0.48 per share on revenues of $98.61 million. Currently, the company’s P/E ratio stands at 27.29.

Analyst Trends:

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 $0.61 to a profit $0.51. For the current year, the average estimate is a profit of $1.99, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Teekay Lng Partners Lp. has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 314.40 343.05 374.01 379.98 392.25
Diluted EPS ($) 0.36 0.85 1.46 1.33 1.54

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 97.25 99.22 96.35 98.72 97.96
Diluted EPS ($) 0.5873 0.30 0.50 0.42 0.3269

Past Performance:
Teekay Lng Partners Lp. has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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