Esterline Technologies (NYSE: ESL ) is expected to report Q4 earnings on Dec. 6. 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 Esterline Technologies's revenues will increase 4.7% and EPS will increase 30.6%.
The average estimate for revenue is $526.0 million. On the bottom line, the average EPS estimate is $1.58.
Last quarter, Esterline Technologies recorded revenue of $485.9 million. GAAP reported sales were 19% higher than the prior-year quarter's $409.5 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 $1.12. GAAP EPS were -$0.55 for Q3 compared to $1.21 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 35.4%, 30 basis points better than the prior-year quarter. Operating margin was 11.2%, 110 basis points worse than the prior-year quarter. Net margin was -3.5%, 1,270 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.99 billion. The average EPS estimate is $4.69.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 149 members out of 156 rating the stock outperform, and seven members rating it underperform. Among 51 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 49 give Esterline Technologies a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Esterline Technologies is outperform, with an average price target of $76.17.
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