Ferro (NYSE: FOE ) 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 Ferro's revenues will wane -8.3% and EPS will grow 120.0%.
The average estimate for revenue is $441.5 million. On the bottom line, the average EPS estimate is $0.11.
Revenue details
Last quarter, Ferro reported revenue of $417.5 million. GAAP reported sales were 9.3% lower than the prior-year quarter's $460.4 million.
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 $0.10. GAAP EPS of $0.01 for Q1 were 75% lower than the prior-year quarter's $0.04 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 19.0%, 40 basis points better than the prior-year quarter. Operating margin was 4.3%, 130 basis points better than the prior-year quarter. Net margin was 0.2%, 60 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $1.67 billion. The average EPS estimate is $0.36.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 133 members out of 152 rating the stock outperform, and 19 members rating it underperform. Among 55 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 54 give Ferro a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ferro is hold, with an average price target of $7.13.
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