Nanometrics (Nasdaq: NANO) is expected to report Q3 earnings on Oct. 30. 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 Nanometrics's revenues will drop -26.7% and EPS will shrink to a loss.
The average estimate for revenue is $42.7 million. On the bottom line, the average EPS estimate is -$0.02.
Revenue details
Last quarter, Nanometrics reported revenue of $53.2 million. GAAP reported sales were 17% lower than the prior-year quarter's $64.4 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 $0.13. GAAP EPS of $0.19 for Q2 were 60% lower than the prior-year quarter's $0.47 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 47.8%, 830 basis points worse than the prior-year quarter. Operating margin was 8.1%, 1,910 basis points worse than the prior-year quarter. Net margin was 8.5%, 870 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $194.3 million. The average EPS estimate is $0.22.
Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Nanometrics is outperform, with an average price target of $20.50.
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