Shanda Games (Nasdaq: GAME ) 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 Shanda Games's revenues will shrink -20.2% and EPS will contract 0.0%.
The average estimate for revenue is $171.9 million. On the bottom line, the average EPS estimate is $0.17.
Last quarter, Shanda Games reported revenue of $170.4 million. GAAP reported sales were 19% lower than the prior-year quarter's $211.9 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 $0.17. GAAP EPS of $0.15 for Q3 were 21% lower than the prior-year quarter's $0.19 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 63.4%, 210 basis points better than the prior-year quarter. Operating margin was 26.0%, 70 basis points worse than the prior-year quarter. Net margin was 23.5%, 180 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $746.0 million. The average EPS estimate is $0.72.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 305 members out of 315 rating the stock outperform, and 10 members rating it underperform. Among 50 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Shanda Games a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Shanda Games is outperform, with an average price target of $4.73.
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