It's Showtime for Sony
Sony (NYS: SNE) is expected to report Q3 earnings around Feb. 2. 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 Sony's revenues will contract -4.9% and EPS will compress -134.6%.
The average estimate for revenue is $22.54 billion. On the bottom line, the average EPS estimate is $0.72.
Revenue details
Last quarter, Sony booked revenue of $20.60 billion. GAAP reported sales were 0.9% higher than the prior-year quarter's $20.43 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, non-GAAP EPS came in at -$15.41. GAAP EPS were -$0.20 for Q2 against -$0.35 per share for the prior-year quarter.
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 22.5%, 130 basis points worse than the prior-year quarter. Operating margin was 2.0%, 220 basis points better than the prior-year quarter. Net margin was -1.0%, 70 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $73.11 billion. The average EPS estimate is $0.13.
Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 1,225 members out of 1,715 rating the stock outperform, and 490 members rating it underperform. Among 371 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 230 give Sony a green thumbs-up, and 141 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sony is outperform, with an average price target of $12.69.
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The article It's Showtime for Sony 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. TMFDisclosureHere
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