Virtusa (Nasdaq: VRTU ) is expected to report Q4 earnings on May 8. 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 Virtusa's revenues will grow 20.9% and EPS will increase 34.8%.
The average estimate for revenue is $89.7 million. On the bottom line, the average EPS estimate is $0.31.
Last quarter, Virtusa chalked up revenue of $86.5 million. GAAP reported sales were 20% higher than the prior-year quarter's $72.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.29. GAAP EPS of $0.29 for Q3 were 32% higher than the prior-year quarter's $0.22 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 35.6%, 30 basis points worse than the prior-year quarter. Operating margin was 10.6%, 150 basis points better than the prior-year quarter. Net margin was 8.6%, 90 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $332.9 million. The average EPS estimate is $1.07.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 103 members out of 109 rating the stock outperform, and six members rating it underperform. Among 38 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 38 give Virtusa a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Virtusa is outperform, with an average price target of $22.67.
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