SINA (Nasdaq: SINA ) is expected to report Q2 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 SINA's revenues will improve 13.9% and EPS will shrink to a loss.
The average estimate for revenue is $130.2 million. On the bottom line, the average EPS estimate is -$0.01.
Last quarter, SINA logged revenue of $106.2 million. GAAP-reported sales were 6% higher than the prior-year quarter's $100.2 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 were -$0.21 for Q1 against $0.23 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 46.2%, 700 basis points worse than the prior-year quarter. Operating margin was -17%, 2,850 basis points worse than the prior-year quarter. Net margin was -12.9%, 2,790 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $549.2 million. The average EPS estimate is $0.15.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,131 members rating the stock outperform and 114 members rating it underperform. Among 272 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 241 give SINA a green thumbs-up, and 31 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on SINA is outperform, with an average price target of $87.79.
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