Hollysys Automation Technologies (Nasdaq: HOLI ) is expected to report Q4 earnings on Aug. 15. 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 Hollysys Automation Technologies' revenues will expand 22.3% and EPS will improve 83.3%.
The average estimate for revenue is $87.9 million. On the bottom line, the average EPS estimate is $0.22.
Last quarter, Hollysys Automation Technologies notched revenue of $66.1 million. GAAP-reported sales were 19% higher than the prior-year quarter's $55.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.21. GAAP EPS of $0.21 for Q3 were 24% higher than the prior-year quarter's $0.17 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 39.3%, 100 basis points worse than the prior-year quarter. Operating margin was 17.8%, 50 basis points better than the prior-year quarter. Net margin was 17.4%, 40 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $327.4 million. The average EPS estimate is $0.99.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 58 members rating the stock outperform and 26 members rating it underperform. Among 29 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 13 give Hollysys Automation Technologies a green thumbs-up, and 16 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hollysys Automation Technologies is outperform, with an average price target of $11.87.