ABB (NYS: ABB) is expected to report Q2 earnings on July 26. 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 ABB's revenue will grow 3.1% and EPS will compress -2.6%.
The average estimate for revenue is $9.98 billion. On the bottom line, the average EPS estimate is $0.38.
Last quarter, ABB logged revenue of $8.91 billion. GAAP reported sales were 6.0% higher than the prior-year quarter's $8.40 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.28. GAAP EPS of $0.30 for Q1 were 3.4% higher than the prior-year quarter's $0.29 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 30.2%, 40 basis points worse than the prior-year quarter. Operating margin was 11.5%, 40 basis points worse than the prior-year quarter. Net margin was 7.7%, 10 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $40.39 billion. The average EPS estimate is $1.44.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,777 members out of 1,820 rating the stock outperform, and 43 members rating it underperform. Among 287 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 281 give ABB a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ABB is outperform, with an average price target of $24.96.
Add ABB to My Watchlist.
The article What to Expect from ABB 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.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.