The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Luminex's revenues will expand 11.9% and EPS will increase 42.9%.
The average estimate for revenue is $54.0 million. On the bottom line, the average EPS estimate is $0.10.
Last quarter, Luminex recorded revenue of $53.2 million. GAAP reported sales were 9.2% higher than the prior-year quarter's $48.7 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 $0.11. GAAP EPS were -$0.06 for Q1 against $0.08 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 71.3%, 200 basis points better than the prior-year quarter. Operating margin was -2.9%, much worse than the prior-year quarter. Net margin was -4.7%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $225.0 million. The average EPS estimate is $0.46.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 92 members out of 107 rating the stock outperform, and 15 members rating it underperform. Among 30 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 24 give Luminex a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Luminex is hold, with an average price target of $19.00.
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