Qiagen (Nasdaq: QGEN ) is expected to report Q1 earnings on April 30. 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 Qiagen's revenues will increase 3.1% and EPS will compress 0.0%.
The average estimate for revenue is $305.5 million. On the bottom line, the average EPS estimate is $0.23.
Last quarter, Qiagen logged revenue of $346.5 million. GAAP reported sales were 3.6% higher than the prior-year quarter's $334.4 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 $0.34. GAAP EPS of $0.16 for Q4 were much higher than the prior-year quarter's $0.00 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 68.0%, 320 basis points better than the prior-year quarter. Operating margin was 21.8%, 360 basis points worse than the prior-year quarter. Net margin was 11.1%, much better than the prior-year quarter.
The full year's average estimate for revenue is $1.33 billion. The average EPS estimate is $1.14.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 138 members out of 150 rating the stock outperform, and 12 members rating it underperform. Among 40 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 37 give Qiagen 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 Qiagen is hold, with an average price target of $18.41.
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