Smart Technologies (Nasdaq: SMT ) is expected to report Q3 earnings on Feb. 6. 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 Smart Technologies's revenues will drop -17.7% and EPS will wane -50.0%.
The average estimate for revenue is $152.3 million. On the bottom line, the average EPS estimate is $0.06.
Last quarter, Smart Technologies tallied revenue of $170.8 million. GAAP reported sales were 19% lower than the prior-year quarter's $210.3 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 $0.10. GAAP EPS of $0.11 for Q2 were much higher than the prior-year quarter's $0.00 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 45.0%, 170 basis points worse than the prior-year quarter. Operating margin was 9.9%, 690 basis points worse than the prior-year quarter. Net margin was 8.1%, 780 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $631.9 million. The average EPS estimate is $0.29.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 59 members out of 69 rating the stock outperform, and 10 members rating it underperform. Among 12 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 12 give Smart Technologies a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Smart Technologies is hold, with an average price target of $2.78.
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