Tesco (NAS: TESO) is expected to report Q2 earnings on Aug. 6. 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 Tesco's revenues will improve 27.7% and EPS will grow 135.7%.
The average estimate for revenue is $149.8 million. On the bottom line, the average EPS estimate is $0.33.
Last quarter, Tesco logged revenue of $152.4 million. GAAP reported sales were 44% higher than the prior-year quarter's $105.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.37. GAAP EPS of $0.37 for Q1 were 236% higher than the prior-year quarter's $0.11 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 21.4%, 40 basis points better than the prior-year quarter. Operating margin was 12.5%, 540 basis points better than the prior-year quarter. Net margin was 9.5%, 540 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $600.8 million. The average EPS estimate is $1.38.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 248 members out of 260 rating the stock outperform, and 12 members rating it underperform. Among 65 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 63 give Tesco a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Tesco is outperform, with an average price target of $21.25.
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The article Will These Numbers From Tesco Be Good Enough for You? originally appeared on Fool.com.
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