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Does The Street Have Rubicon Technology Figured Out?

By Seth Jayson - Updated Apr 7, 2017 at 11:59AM

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Checking expectations

Rubicon Technology (Nasdaq: RBCN) is expected to report Q3 earnings on Nov. 6. 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 Rubicon Technology's revenues will contract -41.3% and EPS will shrink to a loss.

The average estimate for revenue is $19.7 million. On the bottom line, the average EPS estimate is -$0.03.

Revenue details
Last quarter, Rubicon Technology chalked up revenue of $17.0 million. GAAP reported sales were 60% lower than the prior-year quarter's $43.0 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 -$0.06. GAAP EPS were -$0.06 for Q2 compared to $0.41 per share for the prior-year quarter.

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 0.1%, 6,310 basis points worse than the prior-year quarter. Operating margin was -18.2%, 7,250 basis points worse than the prior-year quarter. Net margin was -7.7%, 3,070 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $72.3 million. The average EPS estimate is -$0.21.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 155 members out of 188 rating the stock outperform, and 33 members rating it underperform. Among 41 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 30 give Rubicon Technology a green thumbs-up, and 11 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rubicon Technology is outperform, with an average price target of $10.82.

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Stocks Mentioned

Rubicon Technology, Inc. Stock Quote
Rubicon Technology, Inc.
$9.05 (-0.66%) $0.06

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