The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Newport's revenues will wane -12.0% and EPS will wane -33.3%.
The average estimate for revenue is $135.2 million. On the bottom line, the average EPS estimate is $0.20.
Last quarter, Newport booked revenue of $132.6 million. GAAP reported sales were 16% lower than the prior-year quarter's $157.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.16. GAAP EPS of $0.07 for Q1 were 59% lower than the prior-year quarter's $0.17 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 41.6%, 170 basis points worse than the prior-year quarter. Operating margin was 3.3%, 320 basis points worse than the prior-year quarter. Net margin was 2.1%, 210 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $562.5 million. The average EPS estimate is $0.96.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 100 members out of 115 rating the stock outperform, and 15 members rating it underperform. Among 38 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 36 give Newport a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Newport is buy, with an average price target of $19.77.
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