Avago Technologies (Nasdaq: AVGO ) is expected to report Q4 earnings on Nov. 29. 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 Avago Technologies's revenues will contract -1.3% and EPS will shrink 0.0%.
The average estimate for revenue is $615.0 million. On the bottom line, the average EPS estimate is $0.73.
Last quarter, Avago Technologies notched revenue of $606.0 million. GAAP reported sales were 0.5% higher than the prior-year quarter's $603.0 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 $0.72. GAAP EPS of $0.58 for Q3 were 1.8% higher than the prior-year quarter's $0.57 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 51.0%, 60 basis points worse than the prior-year quarter. Operating margin was 24.9%, 50 basis points better than the prior-year quarter. Net margin was 23.9%, about the same as the prior-year quarter.
The full year's average estimate for revenue is $2.36 billion. The average EPS estimate is $2.73.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 97 members out of 102 rating the stock outperform, and five members rating it underperform. Among 19 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 19 give Avago Technologies a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Avago Technologies is outperform, with an average price target of $40.67.
Is Avago Technologies the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add Avago Technologies to My Watchlist.