Aceto Earnings Are on Deck

Checking expectations

Seth Jayson
Seth Jayson
Feb 3, 2013 at 12:00AM
Other

Aceto (Nasdaq: ACET) is expected to report Q2 earnings on Feb. 7. 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 Aceto's revenues will grow 13.2% and EPS will grow 23.5%.

The average estimate for revenue is $125.3 million. On the bottom line, the average EPS estimate is $0.21.

Revenue details
Last quarter, Aceto logged revenue of $111.7 million. GAAP reported sales were 10% higher than the prior-year quarter's $101.3 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 $0.18. GAAP EPS of $0.18 for Q1 were 64% higher than the prior-year quarter's $0.11 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 19.2%, 90 basis points better than the prior-year quarter. Operating margin was 6.8%, 100 basis points better than the prior-year quarter. Net margin was 4.3%, 130 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $512.8 million. The average EPS estimate is $0.85.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 249 members out of 258 rating the stock outperform, and nine members rating it underperform. Among 58 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 56 give Aceto a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Aceto is buy, with an average price target of $11.75.

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