Scientific Games (Nasdaq: SGMS ) is expected to report Q2 earnings around July 31. 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 Scientific Games' revenues will improve 11.4% and EPS will increase 33.3%.
The average estimate for revenue is $245.4 million. On the bottom line, the average EPS estimate is $0.12.
Last quarter, Scientific Games chalked up revenue of $234.6 million. GAAP reported sales were 19% higher than the prior-year quarter's $196.7 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 $0.03. GAAP EPS were $0.02 for Q1 against -$0.08 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 43.7%, 60 basis points better than the prior-year quarter. Operating margin was 10.1%, 280 basis points better than the prior-year quarter. Net margin was 0.8%, 430 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $964.2 million. The average EPS estimate is $0.40.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 148 members out of 164 rating the stock outperform, and 16 members rating it underperform. Among 32 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 29 give Scientific Games a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Scientific Games is outperform, with an average price target of $13.38.
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