The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict ABB's revenue will grow 3.1% and EPS will compress -2.6%.
The average estimate for revenue is $9.98 billion. On the bottom line, the average EPS estimate is $0.38.
Last quarter, ABB logged revenue of $8.91 billion. GAAP reported sales were 6.0% higher than the prior-year quarter's $8.40 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 $0.28. GAAP EPS of $0.30 for Q1 were 3.4% higher than the prior-year quarter's $0.29 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 30.2%, 40 basis points worse than the prior-year quarter. Operating margin was 11.5%, 40 basis points worse than the prior-year quarter. Net margin was 7.7%, 10 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $40.39 billion. The average EPS estimate is $1.44.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,777 members out of 1,820 rating the stock outperform, and 43 members rating it underperform. Among 287 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 281 give ABB 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 ABB is outperform, with an average price target of $24.96.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.