Bemis (NYSE: BMS ) is expected to report Q2 earnings around July 25. 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 Bemis's revenues will expand 0.3% and EPS will increase 9.3%.
The average estimate for revenue is $1.32 billion. On the bottom line, the average EPS estimate is $0.59.
Last quarter, Bemis booked revenue of $1.26 billion. GAAP reported sales were 3.8% lower than the prior-year quarter's $1.30 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 $0.53. GAAP EPS of $0.47 for Q1 were 12% higher than the prior-year quarter's $0.42 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 19.3%, 160 basis points better than the prior-year quarter. Operating margin was 8.1%, 70 basis points better than the prior-year quarter. Net margin was 3.9%, 50 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $5.13 billion. The average EPS estimate is $2.38.
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