The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Cypress Semiconductor's revenues will compress -22.9% and EPS will drop -45.9%.
The average estimate for revenue is $204.1 million. On the bottom line, the average EPS estimate is $0.20.
Last quarter, Cypress Semiconductor reported revenue of $201.3 million. GAAP reported sales were 21% lower than the prior-year quarter's $255.0 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 $0.18. GAAP EPS of $0.03 for Q2 were 86% lower than the prior-year quarter's $0.21 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 53.2%, 130 basis points worse than the prior-year quarter. Operating margin was 3.8%, 810 basis points worse than the prior-year quarter. Net margin was 2.5%, 1,350 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $798.7 million. The average EPS estimate is $0.71.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 996 members out of 1,042 rating the stock outperform, and 46 members rating it underperform. Among 196 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 184 give Cypress Semiconductor a green thumbs-up, and 12 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cypress Semiconductor is outperform, with an average price target of $18.17.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Cypress Semiconductor. Learn how to maximize your investment income and get "The 3 DOW Stocks Dividend Investors Need." Click here for instant access to this free report.
- Add Cypress Semiconductor to My Watchlist.
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. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Cypress Semiconductor. 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.