CoreLogic (NYSE: CLGX ) is expected to report Q1 earnings around 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 CoreLogic's revenues will increase 8.3% and EPS will expand 27.6%.
The average estimate for revenue is $387.7 million. On the bottom line, the average EPS estimate is $0.37.
Last quarter, CoreLogic reported revenue of $410.4 million. GAAP reported sales were 19% higher than the prior-year quarter's $345.4 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 $0.36. GAAP EPS were $0.15 for Q4 versus -$0.21 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 59.6%, 290 basis points worse than the prior-year quarter. Operating margin was 12.1%, 400 basis points better than the prior-year quarter. Net margin was 3.6%, 1,000 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.59 billion. The average EPS estimate is $1.71.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 175 members out of 210 rating the stock outperform, and 35 members rating it underperform. Among 78 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 70 give CoreLogic a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CoreLogic is outperform, with an average price target of $28.25.
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