Entropic Communications (Nasdaq: ENTR) is expected to report Q3 earnings on Oct. 24. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Entropic Communications's revenues will increase 72.3% and EPS will contract -33.3%.
The average estimate for revenue is $88.7 million. On the bottom line, the average EPS estimate is $0.08.
Revenue details
Last quarter, Entropic Communications tallied revenue of $83.1 million. GAAP reported sales were 35% higher than the prior-year quarter's $61.5 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 $0.09. GAAP EPS dropped to zero from the prior-year quarter's $0.09.
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 51.6%, 340 basis points worse than the prior-year quarter. Operating margin was 4.4%, 1,490 basis points worse than the prior-year quarter. Net margin was 0.2%, 1,240 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $323.6 million. The average EPS estimate is $0.37.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 255 members out of 287 rating the stock outperform, and 32 members rating it underperform. Among 50 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 41 give Entropic Communications 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 Entropic Communications is outperform, with an average price target of $6.43.
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