Bankrate (NYSE: RATE ) is expected to report Q2 earnings on July 29. 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 Bankrate's revenues will shrink -13.2% and EPS will shrink -38.9%.
The average estimate for revenue is $106.0 million. On the bottom line, the average EPS estimate is $0.11.
Last quarter, Bankrate logged revenue of $108.4 million. GAAP reported sales were 13% lower than the prior-year quarter's $125.0 million.
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 $0.12. GAAP EPS of $0.02 for Q1 were 80% lower than the prior-year quarter's $0.10 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 66.8%, 100 basis points worse than the prior-year quarter. Operating margin was 10.8%, 790 basis points worse than the prior-year quarter. Net margin was 2.0%, 610 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $454.8 million. The average EPS estimate is $0.50.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 18 members out of 29 rating the stock outperform, and 11 members rating it underperform. Among 12 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), six give Bankrate a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Bankrate is outperform, with an average price target of $12.45.
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