Quality Systems (Nasdaq: QSII ) is expected to report Q3 earnings on Jan. 24. 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 Quality Systems's revenues will grow 5.8% and EPS will wither -19.4%.
The average estimate for revenue is $119.3 million. On the bottom line, the average EPS estimate is $0.29.
Last quarter, Quality Systems recorded revenue of $116.1 million. GAAP reported sales were 7.9% higher than the prior-year quarter's $107.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.26. GAAP EPS of $0.26 for Q2 were 26% lower than the prior-year quarter's $0.35 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 60.1%, 640 basis points worse than the prior-year quarter. Operating margin was 21.0%, 830 basis points worse than the prior-year quarter. Net margin was 13.5%, 550 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $476.2 million. The average EPS estimate is $1.11.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,148 members out of 2,217 rating the stock outperform, and 69 members rating it underperform. Among 706 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 685 give Quality Systems a green thumbs-up, and 21 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Quality Systems is hold, with an average price target of $21.38.
Is Quality Systems the best health care stock for you? Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks," including one above-average health care logistics company. Click here for instant access to this free report.