SINA (Nasdaq: SINA ) is expected to report Q3 earnings around Nov. 8. 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 SINA's revenues will expand 19.0% and EPS will compress -57.7%.
The average estimate for revenue is $149.5 million. On the bottom line, the average EPS estimate is $0.11.
Last quarter, SINA logged revenue of $131.6 million. GAAP reported sales were 11% higher than the prior-year quarter's $119.0 million.
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 $0.05. GAAP EPS of $0.49 for Q2 were 227% higher than the prior-year quarter's $0.15 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 53.2%, 420 basis points worse than the prior-year quarter. Operating margin was 0.1%, 720 basis points worse than the prior-year quarter. Net margin was 25.3%, 1,690 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $546.3 million. The average EPS estimate is $0.12.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,121 members out of 1,227 rating the stock outperform, and 106 members rating it underperform. Among 277 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 247 give SINA a green thumbs-up, and 30 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on SINA is outperform, with an average price target of $79.98.
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