F5 Networks (Nasdaq: FFIV ) is expected to report Q3 earnings on July 18. 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 F5 Networks' revenues will improve 21.5% and EPS will improve 17.5%.
The average estimate for revenue is $353.2 million. On the bottom line, the average EPS estimate is $1.14.
Last quarter, F5 Networks booked revenue of $339.6 million. GAAP reported sales were 22% higher than the prior-year quarter's $277.6 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 $1.08. GAAP EPS of $0.86 for Q2 were 26% higher than the prior-year quarter's $0.68 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 83.0%, 130 basis points better than the prior-year quarter. Operating margin was 30.8%, 80 basis points better than the prior-year quarter. Net margin was 20.2%, 20 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.39 billion. The average EPS estimate is $4.51.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 690 members out of 749 rating the stock outperform, and 61 members rating it underperform. Among 203 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 186 give F5 Networks a green thumbs-up, and 17 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on F5 Networks is outperform, with an average price target of $131.38.
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