Symantec (Nasdaq: SYMC ) is expected to report Q4 earnings on May 7. 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 Symantec's revenues will grow 2.7% and EPS will shrink 0.0%.
The average estimate for revenue is $1.73 billion. On the bottom line, the average EPS estimate is $0.38.
Last quarter, Symantec chalked up revenue of $1.79 billion. GAAP reported sales were 4.4% higher than the prior-year quarter's $1.72 billion.
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 $0.45. GAAP EPS of $0.30 for Q3 were 6.3% lower than the prior-year quarter's $0.32 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 84.2%, 130 basis points worse than the prior-year quarter. Operating margin was 18.1%, 30 basis points better than the prior-year quarter. Net margin was 11.8%, 220 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $6.88 billion. The average EPS estimate is $1.71.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 538 members out of 631 rating the stock outperform, and 93 members rating it underperform. Among 158 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 140 give Symantec a green thumbs-up, and 18 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Symantec is outperform, with an average price target of $20.38.
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