Will Semiconductor Manufacturing International Beat These Analyst Estimates?

Checking expectations

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

Semiconductor Manufacturing International (NYSE: SMI) is expected to report Q4 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 Semiconductor Manufacturing International's revenues will grow 60.5% and EPS will compress -103.3%.

The average estimate for revenue is $464.9 million. On the bottom line, the average EPS estimate is $0.01.

Revenue details
Last quarter, Semiconductor Manufacturing International chalked up revenue of $461.2 million. GAAP reported sales were 50% higher than the prior-year quarter's $306.9 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, non-GAAP EPS came in at $0.02. GAAP EPS of $0.00 were the same as 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 27.5%, 2,610 basis points better than the prior-year quarter. Operating margin was 4.4%, 2,910 basis points better than the prior-year quarter. Net margin was 2.6%, 3,130 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.68 billion. The average EPS estimate is -$0.02.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 80 members out of 102 rating the stock outperform, and 22 members rating it underperform. Among 26 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 21 give Semiconductor Manufacturing International a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Semiconductor Manufacturing International is outperform, with an average price target of $2.37.

Is Semiconductor Manufacturing International the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.