Quality Systems (Nasdaq: QSII ) is expected to report Q2 earnings on Oct. 26. 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 Quality Systems's revenues will expand 10.5% and EPS will shrink -20.0%.
The average estimate for revenue is $118.9 million. On the bottom line, the average EPS estimate is $0.28.
Last quarter, Quality Systems reported revenue of $118.3 million. GAAP reported sales were 18% higher than the prior-year quarter's $100.4 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 $0.26. GAAP EPS of $0.26 for Q1 were 19% lower than the prior-year quarter's $0.32 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 59.1%, 610 basis points worse than the prior-year quarter. Operating margin was 20.1%, 860 basis points worse than the prior-year quarter. Net margin was 13.1%, 580 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $488.7 million. The average EPS estimate is $1.21.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,154 members out of 2,222 rating the stock outperform, and 68 members rating it underperform. Among 633 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 615 give Quality Systems a green thumbs-up, and 18 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Quality Systems is hold, with an average price target of $35.25.
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