What to Expect From Buckeye Technologies (BKI)

What to Expect From Buckeye Technologies

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.

Revenue details
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.

EPS details
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.

Recent performance
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.

Looking ahead
The full year's average estimate for revenue is $900.7 million. The average EPS estimate is $2.75.

Investor sentiment
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.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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