The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Citrix Systems's revenues will grow 15.4% and EPS will drop -11.3%.
The average estimate for revenue is $709.9 million. On the bottom line, the average EPS estimate is $0.63.
Last quarter, Citrix Systems booked revenue of $672.9 million. GAAP reported sales were 14% higher than the prior-year quarter's $589.5 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 $0.62. GAAP EPS of $0.32 for Q1 were 11% lower than the prior-year quarter's $0.36 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 86.6%, 160 basis points worse than the prior-year quarter. Operating margin was 8.4%, 640 basis points worse than the prior-year quarter. Net margin was 8.9%, 270 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.96 billion. The average EPS estimate is $3.09.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 460 members out of 527 rating the stock outperform, and 67 members rating it underperform. Among 143 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 129 give Citrix Systems a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Citrix Systems is outperform, with an average price target of $82.88.
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