Sony (NYSE: SNE ) is expected to report Q3 earnings around Feb. 2. 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 Sony's revenues will contract -4.9% and EPS will compress -134.6%.
The average estimate for revenue is $22.54 billion. On the bottom line, the average EPS estimate is $0.72.
Last quarter, Sony booked revenue of $20.60 billion. GAAP reported sales were 0.9% higher than the prior-year quarter's $20.43 billion.
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 -$15.41. GAAP EPS were -$0.20 for Q2 against -$0.35 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 22.5%, 130 basis points worse than the prior-year quarter. Operating margin was 2.0%, 220 basis points better than the prior-year quarter. Net margin was -1.0%, 70 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $73.11 billion. The average EPS estimate is $0.13.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 1,225 members out of 1,715 rating the stock outperform, and 490 members rating it underperform. Among 371 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 230 give Sony a green thumbs-up, and 141 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sony is outperform, with an average price target of $12.69.
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