Exide Technologies (Nasdaq: XIDE ) is expected to report Q2 earnings around Nov. 11. 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 Exide Technologies's revenues will wane -0.9% and EPS will decrease -33.3%.
The average estimate for revenue is $766.3 million. On the bottom line, the average EPS estimate is $0.02.
Last quarter, Exide Technologies booked revenue of $693.4 million. GAAP reported sales were 6.9% lower than the prior-year quarter's $745.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.25. GAAP EPS were -$1.38 for Q1 versus -$0.07 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 13.6%, 210 basis points worse than the prior-year quarter. Operating margin was 0.1%, 180 basis points worse than the prior-year quarter. Net margin was -15.4%, 1,470 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $3.08 billion. The average EPS estimate is $0.00.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 409 members out of 423 rating the stock outperform, and 14 members rating it underperform. Among 83 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 78 give Exide Technologies 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 Exide Technologies is outperform, with an average price target of $4.93.
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