Netgear (Nasdaq: NTGR ) is expected to report Q1 earnings on April 25. 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 Netgear's revenues will wane -10.2% and EPS will wane -32.9%.
The average estimate for revenue is $292.4 million. On the bottom line, the average EPS estimate is $0.49.
Last quarter, Netgear recorded revenue of $310.4 million. GAAP reported sales were 0.4% higher than the prior-year quarter's $309.2 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 $0.55. GAAP EPS of $0.41 for Q4 were 32% lower than the prior-year quarter's $0.60 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 29.4%, 130 basis points worse than the prior-year quarter. Operating margin was 9.5%, 140 basis points worse than the prior-year quarter. Net margin was 5.2%, 220 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.38 billion. The average EPS estimate is $2.45.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,262 members out of 2,337 rating the stock outperform, and 75 members rating it underperform. Among 613 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 602 give Netgear a green thumbs-up, and 11 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Netgear is outperform, with an average price target of $38.38.
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