Cbeyond (Nasdaq: CBEY ) 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 Cbeyond's revenues will shrink -3.4% and EPS will shrink to a loss.
The average estimate for revenue is $119.5 million. On the bottom line, the average EPS estimate is -$0.05.
Last quarter, Cbeyond reported revenue of $119.9 million. GAAP reported sales were 3.1% lower than the prior-year quarter's $123.8 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 -$0.02. GAAP EPS were -$0.02 for Q1 against -$0.04 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 67.7%, 40 basis points better than the prior-year quarter. Operating margin was 0.2%, 60 basis points worse than the prior-year quarter. Net margin was -0.5%, 50 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $478.0 million. The average EPS estimate is -$0.18.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 103 members out of 138 rating the stock outperform, and 35 members rating it underperform. Among 41 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 27 give Cbeyond a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cbeyond is hold, with an average price target of $8.54.
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