Sanofi (ENXTPA: SAN) is expected to report Q2 earnings on Aug. 1. 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 Sanofi's revenues will shrink -1.9% and EPS will wane -6.4%.
The average estimate for revenue is $11.03 billion. On the bottom line, the average EPS estimate is $1.76.
Last quarter, Sanofi reported revenue of $10.33 billion. GAAP reported sales were 12% lower than the prior-year quarter's $11.91 billion.
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 $1.56. GAAP EPS of $0.97 for Q1 were 47% lower than the prior-year quarter's $1.84 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 68.9%, 170 basis points worse than the prior-year quarter. Operating margin was 19.5%, 650 basis points worse than the prior-year quarter. Net margin was 12.3%, 810 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $46.61 billion. The average EPS estimate is $7.65.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sanofi is outperform, with an average price target of $102.52.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Sanofi. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.
- Add Sanofi to My Watchlist.
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 has no position in any of the stocks mentioned. 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.