Arris Group (Nasdaq: ARRS ) is expected to report Q1 earnings on April 24. 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 Arris Group's revenues will grow 17.5% and EPS will expand 26.3%.
The average estimate for revenue is $355.9 million. On the bottom line, the average EPS estimate is $0.24.
Last quarter, Arris Group chalked up revenue of $344.0 million. GAAP reported sales were 22% higher than the prior-year quarter's $281.1 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 $0.28. GAAP EPS were $0.13 for Q4 versus -$0.51 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 35.8%, 210 basis points worse than the prior-year quarter. Operating margin was 9.0%, 150 basis points better than the prior-year quarter. Net margin was 4.3%, much better than the prior-year quarter.
The full year's average estimate for revenue is $1.49 billion. The average EPS estimate is $1.22.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 739 members out of 764 rating the stock outperform, and 25 members rating it underperform. Among 140 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 134 give Arris Group 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 Arris Group is outperform, with an average price target of $15.94.
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