What Does Wall Street See for Telecom Argentina's Q3?
Telecom Argentina (NYS: TEO) is expected to report Q3 earnings on Oct. 30. 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 Telecom Argentina's revenues will grow 7.7% and EPS will shrink -15.3%.
The average estimate for revenue is $1.22 billion. On the bottom line, the average EPS estimate is $0.61.
Last quarter, Telecom Argentina booked revenue of $1.17 billion. GAAP reported sales were 8.0% higher than the prior-year quarter's $1.09 billion.
Last quarter, non-GAAP EPS came in at $0.63. GAAP EPS of $0.13 for Q2 were 19% lower than the prior-year quarter's $0.16 per share.
For the preceding quarter, gross margin was 57.3%, 270 basis points worse than the prior-year quarter. Operating margin was 16.5%, 590 basis points worse than the prior-year quarter. Net margin was 11.0%, 310 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $4.55 billion. The average EPS estimate is $2.66.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 229 members out of 244 rating the stock outperform, and 15 members rating it underperform. Among 66 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 62 give Telecom Argentina a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Telecom Argentina is hold, with an average price target of $21.78.
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The article What Does Wall Street See for Telecom Argentina's Q3? 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.