Will hhgregg Beat These Analyst Estimates?
hhgregg (NYS: HGG) is expected to report Q1 earnings on Aug. 2. 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 hhgregg's revenues will improve 12.9% and EPS will remain in the red.
The average estimate for revenue is $487.1 million. On the bottom line, the average EPS estimate is -$0.16.
Last quarter, hhgregg tallied revenue of $613.8 million. GAAP reported sales were 21% higher than the prior-year quarter's $507.0 million.
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 $0.39. GAAP EPS of $1.45 for Q4 were 303% higher than the prior-year quarter's $0.36 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 30.5%, 100 basis points worse than the prior-year quarter. Operating margin was 3.8%, 160 basis points worse than the prior-year quarter. Net margin was 8.7%, 580 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.62 billion. The average EPS estimate is $0.93.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on hhgregg is hold, with an average price target of $13.54.
If you're invested in retailers like hhgregg, you should check out the concept that is The Motley Fool's top stock for 2012. Its founder wrote the book on big-box retailing, and it's growing in increasingly important international markets. Click here for instant access to this free report.
- Add hhgregg to My Watchlist.
The article Will hhgregg Beat These Analyst Estimates? originally appeared on Fool.com.Seth Jaysonhad 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. Motley Fool newsletter services recommend hhgregg. 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.