Carbonite (Nasdaq: CARB ) is expected to report Q4 earnings on Feb. 4. 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 Carbonite's revenues will expand 33.8% and EPS will remain in the red.
The average estimate for revenue is $23.2 million. On the bottom line, the average EPS estimate is -$0.06.
Last quarter, Carbonite booked revenue of $21.6 million. GAAP reported sales were 35% higher than the prior-year quarter's $15.9 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 -$0.07. GAAP EPS were -$0.13 for Q3 versus -$0.47 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 66.6%, 500 basis points better than the prior-year quarter. Operating margin was -15.6%, 3,110 basis points better than the prior-year quarter. Net margin was -15.6%, 3,100 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $83.6 million. The average EPS estimate is -$0.51.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 17 members out of 51 rating the stock outperform, and 34 members rating it underperform. Among 30 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), seven give Carbonite a green thumbs-up, and 23 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Carbonite is outperform, with an average price target of $15.20.
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