BRF - Brasil Foods (NYSE: BRFS ) is expected to report Q2 earnings on Aug. 13. 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 BRF - Brasil Foods' revenues will wither -15.0% and EPS will shrink -64.5%.
The average estimate for revenue is $3.42 billion. On the bottom line, the average EPS estimate is $0.11.
Last quarter, BRF - Brasil Foods reported revenue of $3.48 billion. GAAP reported sales were 6.2% lower than the prior-year quarter's $3.70 billion.
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 $0.19. GAAP EPS of $0.10 for Q1 were 63% lower than the prior-year quarter's $0.27 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 21.2%, 450 basis points worse than the prior-year quarter. Operating margin was 4.1%, 450 basis points worse than the prior-year quarter. Net margin was 2.4%, 400 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $13.69 billion. The average EPS estimate is $0.80.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 231 members out of 245 rating the stock outperform, and 14 members rating it underperform. Among 53 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 50 give BRF - Brasil Foods 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 BRF - Brasil Foods is outperform, with an average price target of $22.15.