The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict II-VI's revenues will expand 9.0% and EPS will drop -11.5%.
The average estimate for revenue is $149.2 million. On the bottom line, the average EPS estimate is $0.23.
Last quarter, II-VI logged revenue of $145.2 million. GAAP reported sales were 9.5% higher than the prior-year quarter's $132.6 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 $0.25. GAAP EPS of $0.25 for Q3 were 14% higher than the prior-year quarter's $0.22 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 35.1%, 40 basis points better than the prior-year quarter. Operating margin was 12.4%, 40 basis points worse than the prior-year quarter. Net margin was 10.9%, 30 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $552.6 million. The average EPS estimate is $0.86.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,262 members out of 1,284 rating the stock outperform, and 22 members rating it underperform. Among 370 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 365 give II-VI 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 II-VI is outperform, with an average price target of $19.40.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends II-VI. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.