hiSoft Technology International (Nasdaq: HSFT ) is expected to report Q2 earnings on Aug. 10. 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 hiSoft Technology International's revenues will improve 40.1% and EPS will improve 61.1%.
The average estimate for revenue is $71.3 million. On the bottom line, the average EPS estimate is $0.29.
Last quarter, hiSoft Technology International reported revenue of $65.5 million. GAAP reported sales were 48% higher than the prior-year quarter's $44.3 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 $0.27. GAAP EPS of $0.19 for Q1 were 111% higher than the prior-year quarter's $0.09 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 34.9%, 310 basis points better than the prior-year quarter. Operating margin was 8.7%, 200 basis points better than the prior-year quarter. Net margin was 9.3%, 310 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $293.6 million. The average EPS estimate is $1.20.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 16 members out of 22 rating the stock outperform, and six members rating it underperform. Among 10 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), five give hiSoft Technology International a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on hiSoft Technology International is buy, with an average price target of $19.75.
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