Diamond Hill Investment Group (NAS: DHIL) is expected to report Q3 earnings around Oct. 26. 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 Diamond Hill Investment Group's revenues will increase 1.8% and EPS will wither 0.0%.
The average estimate for revenue is $15.6 million. On the bottom line, the average EPS estimate is $1.11.
Last quarter, Diamond Hill Investment Group reported revenue of $16.2 million. GAAP reported sales were 4.0% lower than the prior-year quarter's $16.8 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 $1.17. GAAP EPS of $1.07 for Q2 were 15% lower than the prior-year quarter's $1.26 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 44.9%, 220 basis points better than the prior-year quarter. Operating margin was 36.1%, 130 basis points better than the prior-year quarter. Net margin was 20.6%, 160 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $63.8 million. The average EPS estimate is $5.11.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 174 members out of 181 rating the stock outperform, and seven members rating it underperform. Among 54 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 52 give Diamond Hill Investment Group a green thumbs-up, and two give it a red thumbs-down.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Diamond Hill Investment Group. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.
Add Diamond Hill Investment Group to My Watchlist.
The article Diamond Hill Investment Group Earnings Up Next 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.