The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict EMC's revenues will grow 5.7% and EPS will expand 7.7%.
The average estimate for revenue is $5.61 billion. On the bottom line, the average EPS estimate is $0.42.
Last quarter, EMC tallied revenue of $5.39 billion. GAAP reported sales were 5.8% higher than the prior-year quarter's $5.09 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 $0.39. GAAP EPS of $0.26 for Q1 were 3.7% lower than the prior-year quarter's $0.27 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 61.2%, 10 basis points better than the prior-year quarter. Operating margin was 16.9%, 30 basis points worse than the prior-year quarter. Net margin was 10.8%, 70 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $23.42 billion. The average EPS estimate is $1.86.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 3,726 members out of 3,861 rating the stock outperform, and 135 members rating it underperform. Among 710 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 692 give EMC 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 EMC is outperform, with an average price target of $29.35.
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