ViaSat (Nasdaq: VSAT ) 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 ViaSat's revenues will increase 29.6% and EPS will shrink to a loss.
The average estimate for revenue is $265.7 million. On the bottom line, the average EPS estimate is -$0.33.
Last quarter, ViaSat notched revenue of $282.8 million. GAAP reported sales were 27% higher than the prior-year quarter's $223.0 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 -$0.04. GAAP EPS were -$0.18 for Q2 against $0.18 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 23.3%, 400 basis points worse than the prior-year quarter. Operating margin was -0.3%, 250 basis points worse than the prior-year quarter. Net margin was -2.8%, 640 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.08 billion. The average EPS estimate is -$0.54.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 89 members out of 99 rating the stock outperform, and 10 members rating it underperform. Among 26 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 26 give ViaSat 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 ViaSat is hold, with an average price target of $44.79.
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