It's Showtime for Cameron International
Cameron International (NYS: CAM) is expected to report Q2 earnings around 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 Cameron International's revenues will grow 14.7% and EPS will increase 5.4%.
The average estimate for revenue is $2.36 billion. On the bottom line, the average EPS estimate is $0.78.
Revenue details
Last quarter, Cameron International reported revenue of $2.12 billion. GAAP reported sales were 17% higher than the prior-year quarter's $1.80 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 $0.70. GAAP EPS of $0.60 for Q1 were 11% higher than the prior-year quarter's $0.54 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 29.4%, 40 basis points better than the prior-year quarter. Operating margin was 11.3%, 60 basis points better than the prior-year quarter. Net margin was 7.0%, 40 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $9.96 billion. The average EPS estimate is $3.66.
Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cameron International is outperform, with an average price target of $74.69.
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The article It's Showtime for Cameron International 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 position in any of the stocks mentioned. 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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