Cymer (Nasdaq: CYMI ) is expected to report Q3 earnings around Oct. 22. 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 Cymer's revenues will grow 15.5% and EPS will wither -80.6%.
The average estimate for revenue is $148.7 million. On the bottom line, the average EPS estimate is $0.07.
Last quarter, Cymer booked revenue of $149.3 million. GAAP reported sales were 5.6% lower than the prior-year quarter's $158.2 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 $0.30. GAAP EPS of $0.30 for Q2 were 66% lower than the prior-year quarter's $0.89 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 52.8%, 40 basis points worse than the prior-year quarter. Operating margin was 7.5%, 1,580 basis points worse than the prior-year quarter. Net margin was 6.4%, 1,110 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $602.7 million. The average EPS estimate is $1.12.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 100 members out of 123 rating the stock outperform, and 23 members rating it underperform. Among 35 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 32 give Cymer a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cymer is hold, with an average price target of $50.56.
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