The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Polycom's revenues will wane -13.8% and EPS will shrink -63.4%.
The average estimate for revenue is $350.8 million. On the bottom line, the average EPS estimate is $0.15.
Last quarter, Polycom reported revenue of $335.4 million. GAAP reported sales were 5.6% lower than the prior-year quarter's $355.3 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 $0.10. GAAP EPS were -$0.08 for Q3 versus $0.13 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%, 190 basis points worse than the prior-year quarter. Operating margin was -1.6%, 950 basis points worse than the prior-year quarter. Net margin was -4.2%, 1,090 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.41 billion. The average EPS estimate is $0.68.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 200 members out of 221 rating the stock outperform, and 21 members rating it underperform. Among 64 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 58 give Polycom a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Polycom is hold, with an average price target of $10.54.
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