The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Liquidity Services' revenue will expand 43.7% and EPS will wane 11.5%.
The average estimate for revenue is $123.6 million. On the bottom line, the average EPS estimate is $0.46.
Last quarter, Liquidity Services recorded revenue of $125.7 million. GAAP reported sales were 41% higher than the prior-year quarter's $89.4 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 $0.49. GAAP EPS of $0.57 for Q2 were 217% higher than the prior-year quarter's $0.18 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 43.7%, 180 basis points better than the prior-year quarter. Operating margin was 19.8%, 700 basis points better than the prior-year quarter. Net margin was 14.9%, 920 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $464.1 million. The average EPS estimate is $1.68.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 344 members out of 372 rating the stock outperform, and 28 members rating it underperform. Among 96 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 90 give Liquidity Services 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 Liquidity Services is buy, with an average price target of $43.88.
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