Cabot Microelectronics (Nasdaq: CCMP) is expected to report Q4 earnings on Oct. 25. 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 Cabot Microelectronics's revenues will expand 8.7% and EPS will grow 47.5%.
The average estimate for revenue is $119.2 million. On the bottom line, the average EPS estimate is $0.59.
Revenue details
Last quarter, Cabot Microelectronics notched revenue of $115.7 million. GAAP reported sales were 3.4% higher than the prior-year quarter's $111.8 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, EPS came in at $0.55. GAAP EPS of $0.55 for Q3 were 1.9% higher than the prior-year quarter's $0.54 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 47.7%, 30 basis points better than the prior-year quarter. Operating margin was 18.7%, 110 basis points better than the prior-year quarter. Net margin was 11.4%, about the same as the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $436.3 million. The average EPS estimate is $2.01.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 40 members out of 45 rating the stock outperform, and five members rating it underperform. Among 16 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 15 give Cabot Microelectronics a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cabot Microelectronics is outperform, with an average price target of $41.00.
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