Aeroflex Holding (NYSE: ARX ) is expected to report Q2 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 Aeroflex Holding's revenues will shrink -12.1% and EPS will wither -53.3%.
The average estimate for revenue is $150.4 million. On the bottom line, the average EPS estimate is $0.07.
Last quarter, Aeroflex Holding booked revenue of $141.2 million. GAAP reported sales were 8.9% lower than the prior-year quarter's $154.9 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 $0.04. GAAP EPS were -$0.17 for Q1 against -$0.06 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 48.8%, 190 basis points worse than the prior-year quarter. Operating margin was -1.6%, 250 basis points worse than the prior-year quarter. Net margin was -10.0%, 670 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $622.4 million. The average EPS estimate is $0.41.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 23 members out of 31 rating the stock outperform, and eight members rating it underperform. Among seven CAPS All-Star picks (recommendations by the highest-ranked CAPS members), five give Aeroflex Holding a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Aeroflex Holding is hold, with an average price target of $8.00.
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