Syntel (Nasdaq: SYNT ) is expected to report Q3 earnings around Oct. 19. 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 Syntel's revenues will grow 12.8% and EPS will grow 26.3%.
The average estimate for revenue is $189.1 million. On the bottom line, the average EPS estimate is $0.96.
Last quarter, Syntel recorded revenue of $179.0 million. GAAP reported sales were 14% higher than the prior-year quarter's $157.0 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 $1.04. GAAP EPS of $1.04 for Q2 were 58% higher than the prior-year quarter's $0.66 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 41.3%, 510 basis points better than the prior-year quarter. Operating margin was 30.7%, 1,220 basis points better than the prior-year quarter. Net margin was 24.2%, 660 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $734.2 million. The average EPS estimate is $3.92.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 190 members out of 203 rating the stock outperform, and 13 members rating it underperform. Among 58 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 54 give Syntel a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Syntel is outperform, with an average price target of $64.00.
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