Telecom Argentina (NYSE: TEO ) is expected to report Q3 earnings on Oct. 30. 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 Telecom Argentina's revenues will grow 7.7% and EPS will shrink -15.3%.
The average estimate for revenue is $1.22 billion. On the bottom line, the average EPS estimate is $0.61.
Last quarter, Telecom Argentina booked revenue of $1.17 billion. GAAP reported sales were 8.0% higher than the prior-year quarter's $1.09 billion.
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 $0.63. GAAP EPS of $0.13 for Q2 were 19% lower than the prior-year quarter's $0.16 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 57.3%, 270 basis points worse than the prior-year quarter. Operating margin was 16.5%, 590 basis points worse than the prior-year quarter. Net margin was 11.0%, 310 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $4.55 billion. The average EPS estimate is $2.66.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 229 members out of 244 rating the stock outperform, and 15 members rating it underperform. Among 66 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 62 give Telecom Argentina 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 Telecom Argentina is hold, with an average price target of $21.78.