FARO Technologies (Nasdaq: FARO ) 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 FARO Technologies's revenues will increase 3.6% and EPS will drop -23.1%.
The average estimate for revenue is $67.6 million. On the bottom line, the average EPS estimate is $0.30.
Last quarter, FARO Technologies reported revenue of $80.7 million. GAAP reported sales were 4.7% higher than the prior-year quarter's $77.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.46. GAAP EPS of $0.46 for Q4 were 18% lower than the prior-year quarter's $0.56 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 53.4%, 310 basis points worse than the prior-year quarter. Operating margin was 13.9%, 290 basis points worse than the prior-year quarter. Net margin was 9.7%, 260 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $301.8 million. The average EPS estimate is $1.66.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 366 members out of 389 rating the stock outperform, and 23 members rating it underperform. Among 124 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 119 give FARO Technologies a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on FARO Technologies is outperform, with an average price target of $37.60.
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