Aruba Networks (Nasdaq: ARUN ) is expected to report Q2 earnings on Feb. 21. 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 Aruba Networks's revenues will expand 20.4% and EPS will expand 18.8%.
The average estimate for revenue is $152.0 million. On the bottom line, the average EPS estimate is $0.19.
Last quarter, Aruba Networks recorded revenue of $144.5 million. GAAP reported sales were 21% higher than the prior-year quarter's $119.4 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 $0.18. GAAP EPS were -$0.01 for Q1 versus $0.00 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 70.8%, 150 basis points better than the prior-year quarter. Operating margin was 3.1%, 180 basis points better than the prior-year quarter. Net margin was -0.6%, 20 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $622.1 million. The average EPS estimate is $0.80.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 293 members out of 319 rating the stock outperform, and 26 members rating it underperform. Among 73 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 65 give Aruba Networks a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Aruba Networks is outperform, with an average price target of $22.18.
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