Luminex, in the Spotlight Soon (LMNX)

Luminex, in the Spotlight Soon

Luminex (Nasdaq: LMNX ) is expected to report Q3 earnings on Oct. 29. 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 Luminex's revenues will expand 13.2% and EPS will compress -12.5%.

The average estimate for revenue is $51.6 million. On the bottom line, the average EPS estimate is $0.07.

Revenue details
Last quarter, Luminex booked revenue of $48.3 million. GAAP reported sales were 1.3% higher than the prior-year quarter's $47.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.07. GAAP EPS of $0.07 for Q2 were 36% lower than the prior-year quarter's $0.11 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 71.3%, 30 basis points better than the prior-year quarter. Operating margin was 13.4%, 510 basis points worse than the prior-year quarter. Net margin was 6.1%, 360 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $207.6 million. The average EPS estimate is $0.34.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 91 members out of 104 rating the stock outperform, and 13 members rating it underperform. Among 29 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 24 give Luminex a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Luminex is outperform, with an average price target of $23.17.

Add Luminex to My Watchlist.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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