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Techne's Upcoming Earnings: What You Need To Know

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

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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.

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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 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
$84.69 (-1.99%) $-1.72

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

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