Precision Castparts
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Precision Castparts' revenues will improve 19.7% and EPS will improve 19.8%.
The average estimate for revenue is $2.01 billion. On the bottom line, the average EPS estimate is $2.36.
Revenue details
Last quarter, Precision Castparts reported revenue of $1.95 billion. GAAP reported sales were 15% higher than the prior-year quarter's $1.67 billion.
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 $2.28. GAAP EPS of $2.30 for Q4 were 23% higher than the prior-year quarter's $1.87 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 32.0%, 250 basis points better than the prior-year quarter. Operating margin was 26.0%, 200 basis points better than the prior-year quarter. Net margin was 17.4%, 120 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $8.46 billion. The average EPS estimate is $10.13.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,281 members rating the stock outperform, and 32 members rating it underperform. Among 368 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 363 give Precision Castparts a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Precision Castparts is outperform, with an average price target of $186.70.
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