Hollysys Automation Technologies' Earnings Are on Deck

Updated

Hollysys Automation Technologies (NAS: HOLI) is expected to report Q4 earnings on Aug. 15. 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 Hollysys Automation Technologies' revenues will expand 22.3% and EPS will improve 83.3%.

The average estimate for revenue is $87.9 million. On the bottom line, the average EPS estimate is $0.22.


Revenue details
Last quarter, Hollysys Automation Technologies notched revenue of $66.1 million. GAAP-reported sales were 19% higher than the prior-year quarter's $55.8 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.21. GAAP EPS of $0.21 for Q3 were 24% higher than the prior-year quarter's $0.17 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 39.3%, 100 basis points worse than the prior-year quarter. Operating margin was 17.8%, 50 basis points better than the prior-year quarter. Net margin was 17.4%, 40 basis points better than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $327.4 million. The average EPS estimate is $0.99.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 58 members rating the stock outperform and 26 members rating it underperform. Among 29 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 13 give Hollysys Automation Technologies a green thumbs-up, and 16 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hollysys Automation Technologies is outperform, with an average price target of $11.87.

The article Hollysys Automation Technologies' Earnings Are on Deck 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.

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