Synaptics (Nasdaq: SYNA) is expected to report Q4 earnings on Aug. 2. Here's what Wall Street wants to see.
The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict Synaptics' revenues will wither -4.7% and EPS will shrink -8.8%.
The average estimate for revenue is $136.7 million. On the bottom line, the average EPS estimate is $0.52.
Revenue details
Last quarter, Synaptics recorded revenue of $131.7 million. GAAP reported sales were 7.5% lower than the prior-year quarter's $142.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $0.51. GAAP EPS of $0.33 for Q3 were 13% lower than the prior-year quarter's $0.38 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 47.2%, 670 basis points better than the prior-year quarter. Operating margin was 11.2%, 110 basis points better than the prior-year quarter. Net margin was 8.7%, 80 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $547.1 million. The average EPS estimate is $2.27.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 768 members out of 802 rating the stock outperform, and 34 members rating it underperform. Among 150 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 141 give Synaptics a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Synaptics is outperform, with an average price target of $38.25.
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