Does The Street Have World Wrestling Entertainment Figured Out?
World Wrestling Entertainment (NYS: WWE) is expected to report Q1 earnings on May 2. 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 World Wrestling Entertainment's revenues will wither -1.1% and EPS will wither -61.1%.
The average estimate for revenue is $121.7 million. On the bottom line, the average EPS estimate is $0.07.
Last quarter, World Wrestling Entertainment chalked up revenue of $115.1 million. GAAP reported sales were 1.9% higher than the prior-year quarter's $112.9 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 $0.02. GAAP EPS were $0.01 for Q4 versus -$0.12 per share for 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 40.3%, 800 basis points better than the prior-year quarter. Operating margin was 2.6%, 330 basis points better than the prior-year quarter. Net margin was 0.5%, 810 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $505.0 million. The average EPS estimate is $0.33.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 433 members out of 545 rating the stock outperform, and 112 members rating it underperform. Among 111 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 83 give World Wrestling Entertainment a green thumbs-up, and 28 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on World Wrestling Entertainment is hold, with an average price target of $12.33.
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The article Does The Street Have World Wrestling Entertainment Figured Out? 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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