Check Point Software Technologies (Nasdaq: CHKP ) is expected to report Q1 earnings on April 22. 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 Check Point Software Technologies's revenues will grow 4.8% and EPS will grow 5.4%.
The average estimate for revenue is $328.1 million. On the bottom line, the average EPS estimate is $0.78.
Last quarter, Check Point Software Technologies logged revenue of $368.6 million. GAAP reported sales were 3.3% higher than the prior-year quarter's $356.8 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 $0.91. GAAP EPS of $0.84 for Q4 were 12% higher than the prior-year quarter's $0.75 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 88.0%, 10 basis points better than the prior-year quarter. Operating margin was 57.1%, 310 basis points better than the prior-year quarter. Net margin was 47.2%, 240 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.42 billion. The average EPS estimate is $3.43.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 364 members out of 387 rating the stock outperform, and 23 members rating it underperform. Among 107 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 104 give Check Point Software Technologies a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Check Point Software Technologies is outperform, with an average price target of $53.67.
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