General Cable (NYSE: BGC ) is expected to report Q4 earnings on Feb. 25. 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 General Cable's revenues will expand 18.0% and EPS will decrease -6.7%.
The average estimate for revenue is $1.62 billion. On the bottom line, the average EPS estimate is $0.28.
Last quarter, General Cable reported revenue of $1.50 billion. GAAP reported sales were 1.0% lower than the prior-year quarter's $1.52 billion.
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 $0.60. GAAP EPS of $0.62 for Q3 were much higher than the prior-year quarter's $0.07 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 11.2%, 90 basis points better than the prior-year quarter. Operating margin was 5.0%, 80 basis points better than the prior-year quarter. Net margin was 2.1%, 190 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $6.03 billion. The average EPS estimate is $1.96.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 609 members out of 636 rating the stock outperform, and 27 members rating it underperform. Among 160 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 155 give General Cable a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on General Cable is outperform, with an average price target of $39.33.
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