The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict ADTRAN's revenues will wither -20.4% and EPS will shrink -82.0%.
The average estimate for revenue is $139.6 million. On the bottom line, the average EPS estimate is $0.09.
Last quarter, ADTRAN reported revenue of $162.1 million. GAAP reported sales were 16% lower than the prior-year quarter's $192.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.20. GAAP EPS of $0.15 for Q3 were 73% lower than the prior-year quarter's $0.56 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 49.3%, 770 basis points worse than the prior-year quarter. Operating margin was 6.3%, 2,030 basis points worse than the prior-year quarter. Net margin was 5.7%, 1,310 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $620.6 million. The average EPS estimate is $0.87.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 161 members out of 187 rating the stock outperform, and 26 members rating it underperform. Among 54 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 43 give ADTRAN 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 ADTRAN is hold, with an average price target of $19.73.
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