Please ensure Javascript is enabled for purposes of website accessibility

Techne's Upcoming Earnings: What You Need To Know

By Seth Jayson – Updated Apr 10, 2017 at 12:33PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Checking expectations

Techne (Nasdaq: TECH) is expected to report Q4 earnings around 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 Techne's revenues will increase 1.3% and EPS will grow 3.7%.

The average estimate for revenue is $79.7 million. On the bottom line, the average EPS estimate is $0.83.

Revenue details
Last quarter, Techne booked revenue of $81.0 million. GAAP reported sales were 3.1% lower than the prior-year quarter's $83.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.88. GAAP EPS of $0.90 for Q3 were 4.7% higher than the prior-year quarter's $0.86 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 75.5%, 30 basis points worse than the prior-year quarter. Operating margin was 54.3%, 110 basis points worse than the prior-year quarter. Net margin was 40.9%, 290 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $310.8 million. The average EPS estimate is $3.19.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 252 members out of 260 rating the stock outperform, and eight members rating it underperform. Among 79 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 76 give Techne a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Techne is hold, with an average price target of $72.60.

Looking for alternatives to Techne? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.

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. 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.

Stocks Mentioned

Techne Stock Quote
Techne
TECH
$84.69 (-1.99%) $-1.72

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.