Entropic Communications (NAS: ENTR) is expected to report Q2 earnings on Aug. 1. 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 Entropic Communications' revenue will expand 32.7% and EPS will decrease 52.9%.
The average estimate for revenue is $81.6 million. On the bottom line, the average EPS estimate is $0.08.
Last quarter, Entropic Communications reported revenue of $59.1 million. GAAP reported sales were 17% lower than the prior-year quarter's $71.5 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 $0.12. GAAP EPS of $0.04 for Q1 were 69% lower than the prior-year quarter's $0.13 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 56.2%, 90 basis points better than the prior-year quarter. Operating margin was 12.5%, 1,260 basis points worse than the prior-year quarter. Net margin was 6.6%, 1,000 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $319.4 million. The average EPS estimate is $0.35.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 263 members out of 295 rating the stock outperform, and 32 members rating it underperform. Among 52 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 39 give Entropic Communications a green thumbs-up, and 13 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Entropic Communications is outperform, with an average price target of $7.90.
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The article What Does Wall Street See for Entropic Communications' Q2? originally appeared on Fool.com.
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