FEI (Nasdaq: FEIC ) 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 FEI's revenues will expand 5.3% and EPS will increase 6.5%.
The average estimate for revenue is $216.3 million. On the bottom line, the average EPS estimate is $0.66.
Last quarter, FEI logged revenue of $221.5 million. GAAP reported sales were 4.9% higher than the prior-year quarter's $211.1 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 $0.74. GAAP EPS of $0.74 for Q2 were 19% higher than the prior-year quarter's $0.62 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 47.2%, 190 basis points better than the prior-year quarter. Operating margin was 17.6%, 10 basis points worse than the prior-year quarter. Net margin was 13.7%, 140 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $885.4 million. The average EPS estimate is $2.79.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 263 members out of 272 rating the stock outperform, and nine members rating it underperform. Among 71 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 70 give FEI a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on FEI is outperform, with an average price target of $58.00.