Zynga (Nasdaq: ZNGA ) 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 Zynga's revenues will contract -17.6% and EPS will shrink to a loss.
The average estimate for revenue is $264.5 million. On the bottom line, the average EPS estimate is -$0.03.
Last quarter, Zynga chalked up revenue of $311.2 million. GAAP reported sales were 0.0% lower than the prior-year quarter's $311.2 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 $0.01. GAAP EPS were -$0.06 for Q4 versus -$1.13 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 75.2%, 870 basis points better than the prior-year quarter. Operating margin was 13.1%, much better than the prior-year quarter. Net margin was -15.6%, much better than the prior-year quarter.
The full year's average estimate for revenue is $1.07 billion. The average EPS estimate is -$0.05.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 353 members out of 678 rating the stock outperform, and 325 members rating it underperform. Among 151 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 52 give Zynga a green thumbs-up, and 99 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Zynga is hold, with an average price target of $3.08.
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