Coming Soon: Syntel Earnings

Updated

Syntel (NAS: SYNT) is expected to report Q2 earnings around July 19. 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 Syntel's revenues will improve 15.3% and EPS will grow 22.7%.

The average estimate for revenue is $181.1 million. On the bottom line, the average EPS estimate is $0.81.


Revenue details
Last quarter, Syntel reported revenue of $170.7 million. GAAP reported sales were 17% higher than the prior-year quarter's $145.4 million.

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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 $0.98. GAAP EPS of $0.98 for Q1 were 63% higher than the prior-year quarter's $0.60 per share.

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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 41.8%, 680 basis points better than the prior-year quarter. Operating margin was 26.1%, 810 basis points better than the prior-year quarter. Net margin was 23.9%, 670 basis points better than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $742.0 million. The average EPS estimate is $3.57.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 188 members out of 201 rating the stock outperform, and 13 members rating it underperform. Among 61 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 57 give Syntel a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Syntel is outperform, with an average price target of $57.88.

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The article Coming Soon: Syntel Earnings 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. 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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