Krispy Kreme Doughnuts (NYS: KKD) is expected to report Q2 earnings on Aug. 22. 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 Krispy Kreme Doughnuts's revenues will increase 6.7% and EPS will drop -58.3%.
The average estimate for revenue is $104.5 million. On the bottom line, the average EPS estimate is $0.05.
Last quarter, Krispy Kreme Doughnuts logged revenue of $108.5 million. GAAP reported sales were 3.7% higher than the prior-year quarter's $104.6 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 $0.08. GAAP EPS of $0.08 for Q1 were 38% 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 18.3%, 150 basis points better than the prior-year quarter. Operating margin was 10.0%, 40 basis points better than the prior-year quarter. Net margin was 5.6%, 320 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $434.4 million. The average EPS estimate is $0.24.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 426 members out of 799 rating the stock outperform, and 373 members rating it underperform. Among 210 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 96 give Krispy Kreme Doughnuts a green thumbs-up, and 114 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Krispy Kreme Doughnuts is outperform, with an average price target of $9.33.
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The article Are You Expecting This from Krispy Kreme Doughnuts? originally appeared on Fool.com.
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