Bio-Rad Laboratories (NYSE: BIO ) is expected to report Q4 earnings on Feb. 26. 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 Bio-Rad Laboratories's revenues will grow 0.5% and EPS will shrink -39.4%.
The average estimate for revenue is $552.9 million. On the bottom line, the average EPS estimate is $1.26.
Last quarter, Bio-Rad Laboratories logged revenue of $498.7 million. GAAP reported sales were 3.4% lower than the prior-year quarter's $516.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.48. GAAP EPS of $1.48 for Q3 were 8.1% lower than the prior-year quarter's $1.61 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 54.8%, 250 basis points worse than the prior-year quarter. Operating margin was 11.2%, 310 basis points worse than the prior-year quarter. Net margin was 8.5%, 40 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.05 billion. The average EPS estimate is $5.17.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 180 members out of 190 rating the stock outperform, and 10 members rating it underperform. Among 55 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 55 give Bio-Rad Laboratories a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Bio-Rad Laboratories is outperform, with an average price target of $109.50.
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