The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict hhgregg's revenues will improve 12.9% and EPS will remain in the red.
The average estimate for revenue is $487.1 million. On the bottom line, the average EPS estimate is -$0.16.
Last quarter, hhgregg tallied revenue of $613.8 million. GAAP reported sales were 21% higher than the prior-year quarter's $507.0 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 $0.39. GAAP EPS of $1.45 for Q4 were 303% higher than the prior-year quarter's $0.36 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 30.5%, 100 basis points worse than the prior-year quarter. Operating margin was 3.8%, 160 basis points worse than the prior-year quarter. Net margin was 8.7%, 580 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.62 billion. The average EPS estimate is $0.93.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on hhgregg is hold, with an average price target of $13.54.
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