Globe Specialty Metals (Nasdaq: GSM ) is expected to report Q4 earnings on Aug. 21. 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 Globe Specialty Metals's revenues will grow 1.0% and EPS will contract -46.4%.
The average estimate for revenue is $177.7 million. On the bottom line, the average EPS estimate is $0.15.
Last quarter, Globe Specialty Metals logged revenue of $173.4 million. GAAP reported sales were 0.4% higher than the prior-year quarter's $172.8 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 $0.16. GAAP EPS of $0.15 for Q3 were 50% lower than the prior-year quarter's $0.30 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 19.6%, 1,000 basis points worse than the prior-year quarter. Operating margin was 11.5%, 980 basis points worse than the prior-year quarter. Net margin was 6.7%, 680 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $690.7 million. The average EPS estimate is $0.81.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 128 members out of 133 rating the stock outperform, and five members rating it underperform. Among 25 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 23 give Globe Specialty Metals a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Globe Specialty Metals is outperform, with an average price target of $18.88.
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