Caribou Coffee (Nasdaq: CBOU ) is expected to report Q3 earnings on 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 Caribou Coffee's revenues will wither -7.7% and EPS will contract -14.3%.
The average estimate for revenue is $75.2 million. On the bottom line, the average EPS estimate is $0.06.
Last quarter, Caribou Coffee reported revenue of $81.1 million. GAAP reported sales were 1.1% higher than the prior-year quarter's $80.3 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 $0.13. GAAP EPS of $0.13 for Q2 were 38% lower than the prior-year quarter's $0.21 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 18.4%, 100 basis points worse than the prior-year quarter. Operating margin was 6.0%, 20 basis points better than the prior-year quarter. Net margin was 3.4%, 210 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $326.1 million. The average EPS estimate is $0.44.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 175 members out of 242 rating the stock outperform, and 67 members rating it underperform. Among 55 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 36 give Caribou Coffee a green thumbs-up, and 19 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Caribou Coffee is buy, with an average price target of $19.80.
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