Ascent Capital Group (Nasdaq: ASCMA ) is expected to report Q1 earnings on May 9. 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 Ascent Capital Group's revenues will grow 22.1% and EPS will shrink to a loss.
The average estimate for revenue is $99.9 million. On the bottom line, the average EPS estimate is -$0.52.
Last quarter, Ascent Capital Group tallied revenue of $95.1 million. GAAP reported sales were 17% higher than the prior-year quarter's $80.9 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 -$0.04. GAAP EPS were -$0.04 for Q4 against -$0.46 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 84.8%, 140 basis points worse than the prior-year quarter. Operating margin was 15.1%, 440 basis points better than the prior-year quarter. Net margin was -0.6%, 730 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $416.7 million. The average EPS estimate is -$1.73.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 13 members out of 16 rating the stock outperform, and three members rating it underperform. Among two CAPS All-Star picks (recommendations by the highest-ranked CAPS members), two give Ascent Capital Group 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 Ascent Capital Group is outperform, with an average price target of $77.00.
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