Will Cablevision Systems Beat These Analyst Estimates?
Cablevision Systems (NYS: CVC) is expected to report Q3 earnings around Oct. 31. 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 Cablevision Systems's revenues will grow 1.5% and EPS will grow 21.4%.
The average estimate for revenue is $1.69 billion. On the bottom line, the average EPS estimate is $0.17.
Revenue details
Last quarter, Cablevision Systems reported revenue of $1.70 billion. GAAP reported sales were 0.5% higher than the prior-year quarter's $1.69 billion.
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 $0.24. GAAP EPS of $0.24 for Q2 were 20% lower than the prior-year quarter's $0.30 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 52.3%, 350 basis points worse than the prior-year quarter. Operating margin was 15.3%, 320 basis points worse than the prior-year quarter. Net margin was 3.7%, 150 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $6.76 billion. The average EPS estimate is $0.84.
Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 110 members out of 177 rating the stock outperform, and 67 members rating it underperform. Among 60 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 40 give Cablevision Systems a green thumbs-up, and 20 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cablevision Systems is outperform, with an average price target of $15.91.
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The article Will Cablevision Systems Beat These Analyst Estimates? 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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