Ferro (NYSE: FOE ) is expected to report Q4 earnings around Feb. 28. 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 Ferro's revenues will drop -10.9% and EPS will remain in the red.
The average estimate for revenue is $394.6 million. On the bottom line, the average EPS estimate is -$0.05.
Last quarter, Ferro notched revenue of $414.8 million. GAAP reported sales were 24% lower than the prior-year quarter's $546.1 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 -$0.02. GAAP EPS were -$3.66 for Q3 versus $0.22 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 16.4%, 270 basis points worse than the prior-year quarter. Operating margin was 1.5%, 570 basis points worse than the prior-year quarter. Net margin was -76.2%, 7,970 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.74 billion. The average EPS estimate is $0.07.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 137 members out of 156 rating the stock outperform, and 19 members rating it underperform. Among 49 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 47 give Ferro 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 Ferro is outperform, with an average price target of $5.23.
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