General Communication (Nasdaq: GNCMA ) is expected to report Q2 earnings on July 31. 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 General Communication's revenues will grow 6.9% and EPS will wane -11.1%.
The average estimate for revenue is $188.3 million. On the bottom line, the average EPS estimate is $0.08.
Last quarter, General Communication reported revenue of $186.2 million. GAAP reported sales were 8.3% higher than the prior-year quarter's $171.9 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 $0.08. GAAP EPS of $0.08 for Q1 were 167% higher than the prior-year quarter's $0.03 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 65.3%, 160 basis points worse than the prior-year quarter. Operating margin was 12.4%, 90 basis points better than the prior-year quarter. Net margin was 1.7%, 90 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $779.1 million. The average EPS estimate is $0.38.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 31 members out of 54 rating the stock outperform, and 23 members rating it underperform. Among 14 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), nine give General Communication a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on General Communication is buy, with an average price target of $12.67.
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