The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Zipcar's revenues will grow 11.4% and EPS will wither -50.0%.
The average estimate for revenue is $75.8 million. On the bottom line, the average EPS estimate is $0.01.
Last quarter, Zipcar logged revenue of $70.8 million. GAAP reported sales were 15% higher than the prior-year quarter's $61.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at -$0.01. GAAP EPS were -$0.01 for Q2 compared to -$0.17 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 38.0%, 380 basis points better than the prior-year quarter. Operating margin was 2.1%, 160 basis points better than the prior-year quarter. Net margin was -0.6%, 840 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $274.7 million. The average EPS estimate is $0.05.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 869 members out of 949 rating the stock outperform, and 80 members rating it underperform. Among 250 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 230 give Zipcar a green thumbs-up, and 20 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Zipcar is underperform, with an average price target of $16.86.
- Add Zipcar 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 owns shares of Zipcar. Motley Fool newsletter services recommend Zipcar. 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.