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.
Looking to profit from the makers of computer hardware? You may be missing something obvious about where the money will be made in the tech industry of the future. Is Smart Technologies on the right side of the revolution? Check out the changing landscape and meet the company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.