Allergan's Upcoming Earnings: What You Need To Know
Allergan (NYS: AGN) is expected to report Q2 earnings around July 31. 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 Allergan's revenue will improve 6.1% and EPS will increase 10.4%.
The average estimate for revenue is $1.50 billion. On the bottom line, the average EPS estimate is $1.06.
Last quarter, Allergan notched revenue of $1.39 billion. GAAP reported sales were 9.5% higher than the prior-year quarter's $1.27 billion.
Last quarter, non-GAAP EPS came in at $0.86. GAAP EPS of $0.74 for Q1 were 45% higher than the prior-year quarter's $0.51 per share.
For the preceding quarter, gross margin was 85.9%, 30 basis points better than the prior-year quarter. Operating margin was 26.2%, 470 basis points better than the prior-year quarter. Net margin was 16.5%, 400 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $5.86 billion. The average EPS estimate is $4.17.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 403 members out of 424 rating the stock outperform, and 21 members rating it underperform. Among 109 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 106 give Allergan a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Allergan is outperform, with an average price target of $99.73.
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The article Allergan'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 has no positions in the stocks mentioned above. 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.