World Wrestling Entertainment (NYS: WWE) is expected to report Q3 earnings on Nov. 1. 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 World Wrestling Entertainment's revenues will increase 0.4% and EPS will shrink -73.7%.
The average estimate for revenue is $109.0 million. On the bottom line, the average EPS estimate is $0.05.
Last quarter, World Wrestling Entertainment logged revenue of $141.6 million. GAAP reported sales were 0.6% lower than the prior-year quarter's $142.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.17. GAAP EPS of $0.16 for Q2 were 16% lower than the prior-year quarter's $0.19 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 39.7%, 30 basis points worse than the prior-year quarter. Operating margin was 13.8%, 320 basis points worse than the prior-year quarter. Net margin was 8.4%, 160 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $488.5 million. The average EPS estimate is $0.50.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 437 members out of 544 rating the stock outperform, and 107 members rating it underperform. Among 112 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 81 give World Wrestling Entertainment a green thumbs-up, and 31 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on World Wrestling Entertainment is hold, with an average price target of $11.00.
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The article Can World Wrestling Entertainment Beat These Numbers? originally appeared on Fool.com.
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