E-Commerce China Dangdang (NYSE: DANG ) is expected to report Q3 earnings on Nov. 15. 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 E-Commerce China Dangdang's revenues will grow 40.9% and EPS will remain in the red.
The average estimate for revenue is $200.7 million. On the bottom line, the average EPS estimate is -$0.25.
Last quarter, E-Commerce China Dangdang booked revenue of $190.1 million. GAAP reported sales were 55% higher than the prior-year quarter's $122.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.23. GAAP EPS were -$0.24 for Q2 against -$0.06 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 13.1%, 120 basis points worse than the prior-year quarter. Operating margin was -10.4%, 380 basis points worse than the prior-year quarter. Net margin was -10.1%, 650 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $822.9 million. The average EPS estimate is -$0.97.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 168 members out of 227 rating the stock outperform, and 59 members rating it underperform. Among 37 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 22 give E-Commerce China Dangdang a green thumbs-up, and 15 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on E-Commerce China Dangdang is hold, with an average price target of $7.70.
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