Shuffle Master (Nasdaq: SHFL ) is expected to report Q3 earnings on Sep. 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 Shuffle Master's revenues will grow 16.5% and EPS will increase 17.6%.
The average estimate for revenue is $67.9 million. On the bottom line, the average EPS estimate is $0.20.
Last quarter, Shuffle Master logged revenue of $66.1 million. GAAP reported sales were 10% higher than the prior-year quarter's $59.9 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 $0.20. GAAP EPS of $0.17 for Q2 were 21% higher than the prior-year quarter's $0.14 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 64.3%, 400 basis points better than the prior-year quarter. Operating margin was 24.6%, 430 basis points better than the prior-year quarter. Net margin was 14.7%, 140 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $261.4 million. The average EPS estimate is $0.77.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 420 members out of 499 rating the stock outperform, and 79 members rating it underperform. Among 149 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 122 give Shuffle Master a green thumbs-up, and 27 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Shuffle Master is outperform, with an average price target of $18.30.
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