Buckeye Technologies (NYSE: BKI ) is expected to report Q4 earnings on Aug. 7. 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 Buckeye Technologies' revenues will compress -14.7% and EPS will contract -5.9%.
The average estimate for revenue is $218.4 million. On the bottom line, the average EPS estimate is $0.64.
Last quarter, Buckeye Technologies tallied revenue of $217.1 million. GAAP reported sales were 8.7% lower than the prior-year quarter's $237.8 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 $0.67. GAAP EPS of $0.64 for Q3 were 8.6% lower than the prior-year quarter's $0.70 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 24.3%, 10 basis points better than the prior-year quarter. Operating margin was 19.2%, 70 basis points better than the prior-year quarter. Net margin was 11.9%, 20 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $900.7 million. The average EPS estimate is $2.75.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 161 members out of 167 rating the stock outperform, and six members rating it underperform. Among 44 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Buckeye Technologies a green thumbs-up.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Buckeye Technologies is buy, with an average price target of $39.13.
- Add Buckeye Technologies to My Watchlist.