Will These Numbers from Spreadtrum Communications Be Good Enough for You?
Spreadtrum Communications (NAS: SPRD) is expected to report Q2 earnings on Aug. 6. 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 Spreadtrum Communications's revenues will expand 58.3% and EPS will expand 104.9%.
The average estimate for revenue is $274.0 million. On the bottom line, the average EPS estimate is $0.84.
Last quarter, Spreadtrum Communications reported revenue of $189.0 million. GAAP reported sales were 17% higher than the prior-year quarter's $161.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
Last quarter, non-GAAP EPS came in at $0.50. GAAP EPS of $0.39 for Q1 were 19% lower than the prior-year quarter's $0.48 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the preceding quarter, gross margin was 37.3%, 70 basis points worse than the prior-year quarter. Operating margin was 11.9%, 420 basis points worse than the prior-year quarter. Net margin was 10.7%, 440 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.02 billion. The average EPS estimate is $2.79.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 258 members out of 322 rating the stock outperform, and 64 members rating it underperform. Among 62 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 52 give Spreadtrum Communications a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Spreadtrum Communications is outperform, with an average price target of $23.39.
Is Spreadtrum Communications the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
Add Spreadtrum Communications to My Watchlist.
The article Will These Numbers from Spreadtrum Communications Be Good Enough for You? 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.