The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict FARO Technologies's revenues will expand 5.7% and EPS will expand 3.6%.
The average estimate for revenue is $70.6 million. On the bottom line, the average EPS estimate is $0.29.
Last quarter, FARO Technologies booked revenue of $65.4 million. GAAP reported sales were 0.2% higher than the prior-year quarter's $65.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.27. GAAP EPS of $0.27 for Q1 were 31% lower than the prior-year quarter's $0.39 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 56.3%, 70 basis points worse than the prior-year quarter. Operating margin was 8.7%, 420 basis points worse than the prior-year quarter. Net margin was 7.0%, 330 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $289.9 million. The average EPS estimate is $1.39.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 370 members out of 394 rating the stock outperform, and 24 members rating it underperform. Among 122 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 116 give FARO Technologies 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 FARO Technologies is outperform, with an average price target of $42.80.
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