Impax Laboratories (NAS: IPXL) is expected to report Q1 earnings on May 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 Impax Laboratories's revenues will expand 0.4% and EPS will decrease -59.6%.
The average estimate for revenue is $129.1 million. On the bottom line, the average EPS estimate is $0.21.
Last quarter, Impax Laboratories chalked up revenue of $141.1 million. GAAP reported sales were 11% lower than the prior-year quarter's $158.6 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 $0.30. GAAP EPS of $0.07 for Q4 were 78% lower than the prior-year quarter's $0.32 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 45.5%, 330 basis points worse than the prior-year quarter. Operating margin was 5.7%, much worse than the prior-year quarter. Net margin was 3.4%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $480.2 million. The average EPS estimate is $0.48.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 161 members out of 174 rating the stock outperform, and 13 members rating it underperform. Among 47 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 43 give Impax Laboratories a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Impax Laboratories is hold, with an average price target of $25.44.
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The article It's Showtime for Impax Laboratories originally appeared on Fool.com.
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