Newport (Nasdaq: NEWP ) is expected to report Q4 earnings on Feb. 20. 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 Newport's revenues will shrink -10.9% and EPS will increase 28.0%.
The average estimate for revenue is $143.4 million. On the bottom line, the average EPS estimate is $0.32.
Last quarter, Newport chalked up revenue of $142.9 million. GAAP reported sales were 14% higher than the prior-year quarter's $125.6 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 $0.35. GAAP EPS of $0.20 for Q3 were 26% lower than the prior-year quarter's $0.27 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 44.0%, 40 basis points worse than the prior-year quarter. Operating margin was 8.8%, 250 basis points worse than the prior-year quarter. Net margin was 5.3%, 310 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $597.1 million. The average EPS estimate is $1.28.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 105 members out of 120 rating the stock outperform, and 15 members rating it underperform. Among 45 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 43 give Newport 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 Newport is outperform, with an average price target of $18.50.
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