Citrix Systems (Nasdaq: CTXS ) is expected to report Q4 earnings on Jan. 30. 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 Citrix Systems's revenues will expand 14.0% and EPS will grow 7.7%.
The average estimate for revenue is $705.9 million. On the bottom line, the average EPS estimate is $0.84.
Last quarter, Citrix Systems reported revenue of $641.4 million. GAAP reported sales were 13% higher than the prior-year quarter's $565.3 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 $0.68. GAAP EPS of $0.41 for Q3 were 16% lower than the prior-year quarter's $0.49 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 87.0%, 150 basis points worse than the prior-year quarter. Operating margin was 12.9%, 630 basis points worse than the prior-year quarter. Net margin was 12.2%, 410 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.55 billion. The average EPS estimate is $2.81.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 466 members out of 529 rating the stock outperform, and 63 members rating it underperform. Among 159 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 145 give Citrix Systems a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Citrix Systems is outperform, with an average price target of $86.75.
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