Does The Street Have Rubicon Technology Figured Out?
Rubicon Technology (NAS: RBCN) is expected to report Q3 earnings on Nov. 6. 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 Rubicon Technology's revenues will contract -41.3% and EPS will shrink to a loss.
The average estimate for revenue is $19.7 million. On the bottom line, the average EPS estimate is -$0.03.
Last quarter, Rubicon Technology chalked up revenue of $17.0 million. GAAP reported sales were 60% lower than the prior-year quarter's $43.0 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 -$0.06. GAAP EPS were -$0.06 for Q2 compared to $0.41 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 0.1%, 6,310 basis points worse than the prior-year quarter. Operating margin was -18.2%, 7,250 basis points worse than the prior-year quarter. Net margin was -7.7%, 3,070 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $72.3 million. The average EPS estimate is -$0.21.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 155 members out of 188 rating the stock outperform, and 33 members rating it underperform. Among 41 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 30 give Rubicon Technology a green thumbs-up, and 11 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rubicon Technology is outperform, with an average price target of $10.82.
Is Rubicon Technology the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add Rubicon Technology to My Watchlist.
The article Does The Street Have Rubicon Technology Figured Out? 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
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.