PerkinElmer (NYSE: PKI ) is expected to report Q4 earnings on Jan. 31. 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 PerkinElmer's revenues will increase 7.1% and EPS will grow 4.8%.
The average estimate for revenue is $578.7 million. On the bottom line, the average EPS estimate is $0.65.
Last quarter, PerkinElmer logged revenue of $514.8 million. GAAP reported sales were 13% higher than the prior-year quarter's $452.9 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 $0.45. GAAP EPS of $0.26 for Q3 were 19% lower than the prior-year quarter's $0.32 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 45.3%, 130 basis points better than the prior-year quarter. Operating margin was 10.0%, 170 basis points better than the prior-year quarter. Net margin was 5.8%, 230 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.14 billion. The average EPS estimate is $2.06.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 117 members out of 130 rating the stock outperform, and 13 members rating it underperform. Among 41 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 38 give PerkinElmer 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 PerkinElmer is outperform, with an average price target of $31.62.
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