What Does Wall Street See for Bridgepoint Education's Q4?
Bridgepoint Education (NYS: BPI) is expected to report Q4 earnings on March 12. 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 Bridgepoint Education's revenues will wane -1.7% and EPS will shrink -29.3%.
The average estimate for revenue is $217.6 million. On the bottom line, the average EPS estimate is $0.29.
Revenue details
Last quarter, Bridgepoint Education tallied revenue of $252.1 million. GAAP reported sales were 3.8% higher than the prior-year quarter's $242.8 million.
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 $0.56. GAAP EPS of $0.56 for Q3 were 28% lower than the prior-year quarter's $0.78 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 70.0%, 130 basis points worse than the prior-year quarter. Operating margin was 19.7%, 900 basis points worse than the prior-year quarter. Net margin was 12.5%, 550 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $976.4 million. The average EPS estimate is $2.38.
Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Bridgepoint Education is hold, with an average price target of $15.00.
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The article What Does Wall Street See for Bridgepoint Education's Q4? 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 recommends Bridgepoint Education. The Motley Fool owns shares of Bridgepoint Education. 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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