HollySys Automation Technologies (Nasdaq: HOLI ) is expected to report Q2 earnings on Feb. 19. 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 HollySys Automation Technologies's revenues will increase 26.5% and EPS will shrink -22.2%.
The average estimate for revenue is $101.6 million. On the bottom line, the average EPS estimate is $0.28.
Last quarter, HollySys Automation Technologies reported revenue of $88.1 million. GAAP reported sales were 1.0% higher than the prior-year quarter's $87.2 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 $0.28. GAAP EPS of $0.27 for Q1 were 17% higher than the prior-year quarter's $0.23 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 34.4%, 340 basis points worse than the prior-year quarter. Operating margin was 16.2%, 130 basis points worse than the prior-year quarter. Net margin was 17.3%, 280 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $388.9 million. The average EPS estimate is $1.09.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 56 members out of 79 rating the stock outperform, and 23 members rating it underperform. Among 24 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 14 give HollySys Automation Technologies a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on HollySys Automation Technologies is outperform, with an average price target of $12.20.
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