MTS Systems (Nasdaq: MTSC ) is expected to report Q2 earnings on May 6. 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 MTS Systems's revenues will grow 4.6% and EPS will increase 24.6%.
The average estimate for revenue is $135.0 million. On the bottom line, the average EPS estimate is $0.86.
Last quarter, MTS Systems recorded revenue of $142.7 million. GAAP reported sales were 6.7% higher than the prior-year quarter's $133.7 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 $0.87. GAAP EPS of $0.87 for Q1 were 11% lower than the prior-year quarter's $0.98 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 39.7%, 420 basis points worse than the prior-year quarter. Operating margin was 14.1%, 350 basis points worse than the prior-year quarter. Net margin was 9.7%, 190 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $582.8 million. The average EPS estimate is $4.06.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 73 members out of 81 rating the stock outperform, and eight members rating it underperform. Among 19 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 18 give MTS Systems a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MTS Systems is buy, with an average price target of $66.00.
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