Will Mindray Medical International Beat These Analyst Estimates?
Mindray Medical International (NYS: MR) is expected to report Q2 earnings on Aug. 5. 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 Mindray Medical International's revenues will increase 17.1% and EPS will grow 4.0%.
The average estimate for revenue is $313.7 million. On the bottom line, the average EPS estimate is $0.52.
Last quarter, Mindray Medical International booked revenue of $242.1 million. GAAP reported sales were 11% higher than the prior-year quarter's $219.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
Last quarter, non-GAAP EPS came in at $0.53. GAAP EPS of $0.48 for Q1 were 55% higher than the prior-year quarter's $0.31 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the preceding quarter, gross margin was 57.4%, 250 basis points better than the prior-year quarter. Operating margin was 16.1%, 70 basis points worse than the prior-year quarter. Net margin was 23.7%, 700 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.24 billion. The average EPS estimate is $2.01.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,336 members out of 1,372 rating the stock outperform, and 36 members rating it underperform. Among 260 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 248 give Mindray Medical International a green thumbs-up, and 12 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Mindray Medical International is outperform, with an average price target of $39.53.
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The article Will Mindray Medical International Beat These Analyst Estimates? 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 has no position in any of the stocks mentioned. 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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