Rubicon Technology (Nasdaq: RBCN ) is expected to report Q2 earnings on Aug. 2. Here's what Wall Street wants to see.
The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict Rubicon Technology's revenues will wither -62.5% and EPS will shrink to a loss.
The average estimate for revenue is $16.1 million. On the bottom line, the average EPS estimate is -$0.12.
Last quarter, Rubicon Technology reported revenue of $10.2 million. GAAP reported sales were 73% lower than the prior-year quarter's $38.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at -$0.15. GAAP EPS were -$0.15 for Q1 versus $0.80 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 -33.4%, 9,650 basis points worse than the prior-year quarter. Operating margin was -65.1%, 11,840 basis points worse than the prior-year quarter. Net margin was -33.0%, 8,330 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $77.0 million. The average EPS estimate is -$0.11.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 159 members out of 193 rating the stock outperform, and 34 members rating it underperform. Among 43 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 29 give Rubicon Technology a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rubicon Technology is hold, with an average price target of $12.05.
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