NetScout Systems (Nasdaq: NTCT ) is expected to report Q3 earnings on Jan. 17. 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 NetScout Systems's revenues will expand 8.9% and EPS will shrink 0.0%.
The average estimate for revenue is $90.7 million. On the bottom line, the average EPS estimate is $0.35.
Last quarter, NetScout Systems reported revenue of $84.5 million. GAAP reported sales were 16% higher than the prior-year quarter's $72.6 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 $0.34. GAAP EPS of $0.23 for Q2 were 35% higher than the prior-year quarter's $0.17 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 80.0%, 140 basis points better than the prior-year quarter. Operating margin was 21.3%, 550 basis points better than the prior-year quarter. Net margin was 11.7%, 200 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $350.9 million. The average EPS estimate is $1.29.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 122 members out of 133 rating the stock outperform, and 11 members rating it underperform. Among 31 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 28 give NetScout Systems a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on NetScout Systems is outperform, with an average price target of $26.17.
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 NetScout Systems 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 NetScout Systems to My Watchlist.