Sony's Upcoming Earnings: What You Need To Know

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Sony (NYS: SNE) is expected to report Q2 earnings on Nov. 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 Sony's revenues will increase 4.0% and EPS will compress -161.8%.

The average estimate for revenue is $21.25 billion. On the bottom line, the average EPS estimate is $0.21.


Revenue details
Last quarter, Sony reported revenue of $18.96 billion. GAAP reported sales were 1.0% higher than the prior-year quarter's $18.54 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 were -$0.31 for Q1 against -$0.19 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 21.6%, 180 basis points worse than the prior-year quarter. Operating margin was -0.7%, 290 basis points worse than the prior-year quarter. Net margin was -1.6%, 60 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $84.30 billion. The average EPS estimate is $0.08.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 1,196 members out of 1,690 rating the stock outperform, and 494 members rating it underperform. Among 367 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 223 give Sony a green thumbs-up, and 144 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sony is hold, with an average price target of $17.24.

The article Sony's Upcoming Earnings: What You Need To Know originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool is short Sony (ADR) and has the following options: long JAN 2013 $22.00 calls on Sony (ADR). Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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