The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict VeriFone Systems's revenues will increase 20.6% and EPS will expand 43.4%.
The average estimate for revenue is $495.4 million. On the bottom line, the average EPS estimate is $0.76.
Last quarter, VeriFone Systems notched revenue of $489.1 million. GAAP reported sales were 54% higher than the prior-year quarter's $317.0 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 $0.75. GAAP EPS of $0.34 for Q3 were 21% higher than the prior-year quarter's $0.28 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 42.7%, 110 basis points better than the prior-year quarter. Operating margin was 12.7%, 230 basis points worse than the prior-year quarter. Net margin was 7.7%, 60 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.89 billion. The average EPS estimate is $2.74.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on VeriFone Systems is outperform, with an average price target of $46.33.
Is VeriFone Systems playing the right part in the new technology revolution? Computers, mobile devices, and related services are creating huge amounts of valuable data, but only for companies that can crunch the numbers and make sense of it. Meet the leader in this field in "The Only Stock You Need To Profit From the NEW Technology Revolution." Click here for instant access to this free report.
- Add VeriFone Systems to My Watchlist.