Cabot Microelectronics (Nasdaq: CCMP) is expected to report Q1 earnings on Jan. 24. 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 grow 1.5% and EPS will shrink -4.4%.

The average estimate for revenue is $103.6 million. On the bottom line, the average EPS estimate is $0.43.

Revenue details
Last quarter, Cabot Microelectronics booked revenue of $110.6 million. GAAP reported sales were 0.8% higher than the prior-year quarter's $109.7 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 $0.49. GAAP EPS of $0.49 for Q4 were 23% higher than the prior-year quarter's $0.40 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 49.3%, 290 basis points better than the prior-year quarter. Operating margin was 19.4%, 400 basis points better than the prior-year quarter. Net margin was 10.5%, 200 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $439.9 million. The average EPS estimate is $2.05.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 39 members out of 44 rating the stock outperform, and five members rating it underperform. Among 19 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 18 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 $41.33.

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