CARBO Ceramics (NYSE: CRR) is expected to report Q2 earnings on July 26. 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 CARBO Ceramics' revenues will grow 8.7% and EPS will expand 1.6%.
The average estimate for revenue is $162.7 million. On the bottom line, the average EPS estimate is $1.31.
Revenue details
Last quarter, CARBO Ceramics reported revenue of $163.2 million. GAAP reported sales were 8.2% higher than the prior-year quarter's $150.8 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, EPS came in at $1.31. GAAP EPS of $1.31 for Q1 were 0.8% higher than the prior-year quarter's $1.30 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 38.9%, 220 basis points worse than the prior-year quarter. Operating margin was 28.7%, 300 basis points worse than the prior-year quarter. Net margin was 18.6%, 140 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $684.9 million. The average EPS estimate is $5.47.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 425 members out of 453 rating the stock outperform, and 28 members rating it underperform. Among 111 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 102 give CARBO Ceramics a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CARBO Ceramics is outperform, with an average price target of $146.44.
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