TiVo (Nasdaq: TIVO ) is expected to report Q3 earnings on Nov. 28. 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 TiVo's revenues will grow 15.8% and EPS will remain in the red.
The average estimate for revenue is $60.0 million. On the bottom line, the average EPS estimate is -$0.24.
Last quarter, TiVo reported revenue of $54.1 million. GAAP reported sales were 6.7% higher than the prior-year quarter's $61.2 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 -$0.23. GAAP EPS were -$0.23 for Q2 against -$0.17 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 58.5%, 150 basis points better than the prior-year quarter. Operating margin was -40.7%, 1,070 basis points worse than the prior-year quarter. Net margin was -42.5%, 1,050 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $233.3 million. The average EPS estimate is -$0.83.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 834 members out of 1,086 rating the stock outperform, and 252 members rating it underperform. Among 255 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 182 give TiVo a green thumbs-up, and 73 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on TiVo is outperform, with an average price target of $14.42.
Software and computerized services are being consumed in radically different ways, on new and increasingly mobile devices. Many old leaders will be left behind. Whether or not TiVo makes the coming cut, you should check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add TiVo to My Watchlist.