Can II-VI Meet These Numbers?
II-VI (NAS: IIVI) is expected to report Q4 earnings on Aug. 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 II-VI's revenues will expand 9.0% and EPS will drop -11.5%.
The average estimate for revenue is $149.2 million. On the bottom line, the average EPS estimate is $0.23.
Last quarter, II-VI logged revenue of $145.2 million. GAAP reported sales were 9.5% higher than the prior-year quarter's $132.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.25. GAAP EPS of $0.25 for Q3 were 14% higher than the prior-year quarter's $0.22 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 35.1%, 40 basis points better than the prior-year quarter. Operating margin was 12.4%, 40 basis points worse than the prior-year quarter. Net margin was 10.9%, 30 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $552.6 million. The average EPS estimate is $0.86.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,262 members out of 1,284 rating the stock outperform, and 22 members rating it underperform. Among 370 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 365 give II-VI a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on II-VI is outperform, with an average price target of $19.40.
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The article Can II-VI Meet These Numbers? 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 of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends II-VI. 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.
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