Rentrak (Nasdaq: RENT ) is expected to report Q3 earnings on Feb. 7. 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 Rentrak's revenues will grow 12.7% and EPS will wane -50.0%.
The average estimate for revenue is $25.0 million. On the bottom line, the average EPS estimate is $0.01.
Last quarter, Rentrak notched revenue of $22.5 million. GAAP reported sales were 2.9% higher than the prior-year quarter's $21.9 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 -$0.01. GAAP EPS were -$1.56 for Q2 against -$0.02 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 47.6%, 20 basis points better than the prior-year quarter. Operating margin was -81.9%, 8,010 basis points worse than the prior-year quarter. Net margin was -80.7%, 7,950 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $97.8 million. The average EPS estimate is $0.10.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 43 members out of 56 rating the stock outperform, and 13 members rating it underperform. Among 22 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 18 give Rentrak a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rentrak is outperform, with an average price target of $23.71.
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