Sourcefire (Nasdaq: FIRE ) is expected to report Q2 earnings on 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 Sourcefire's revenues will expand 33.2% and EPS will improve 75.0%.
The average estimate for revenue is $48.6 million. On the bottom line, the average EPS estimate is $0.14.
Last quarter, Sourcefire recorded revenue of $46.3 million. GAAP reported sales were 50% higher than the prior-year quarter's $30.8 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 $0.11. GAAP EPS dropped to zero from the prior-year quarter's $0.02.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 76.4%, 220 basis points worse than the prior-year quarter. Operating margin was 0.3%, 840 basis points better than the prior-year quarter. Net margin was 0.1%, 140 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $210.3 million. The average EPS estimate is $0.75.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 136 members out of 166 rating the stock outperform, and 30 members rating it underperform. Among 39 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 29 give Sourcefire a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sourcefire is outperform, with an average price target of $43.64.
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