IMAX (NYS: IMAX) is expected to report Q2 earnings on July 25. 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 IMAX's revenues will expand 10.2% and EPS will grow 28.6%.
The average estimate for revenue is $77.4 million. On the bottom line, the average EPS estimate is $0.27.
Last quarter, IMAX logged revenue of $49.9 million. GAAP reported sales were 11% lower than the prior-year quarter's $55.6 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 $0.08. GAAP EPS of $0.04 were the same as 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 51.9%, 360 basis points better than the prior-year quarter. Operating margin was 8.5%, 50 basis points better than the prior-year quarter. Net margin was 5.8%, 130 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $297.0 million. The average EPS estimate is $0.88.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,586 members out of 1,699 rating the stock outperform, and 113 members rating it underperform. Among 426 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 411 give IMAX a green thumbs-up, and 15 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on IMAX is outperform, with an average price target of $28.14.
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The article Coming Soon: IMAX Earnings 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 Imax. The Motley Fool owns shares of Imax. 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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