The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Rovi's revenues will decrease -3.5% and EPS will increase 24.3%.
The average estimate for revenue is $152.9 million. On the bottom line, the average EPS estimate is $0.46.
Last quarter, Rovi reported revenue of $154.7 million. GAAP reported sales were 9.9% lower than the prior-year quarter's $171.7 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 $0.45. GAAP EPS were -$0.26 for Q1 versus -$0.04 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 80.1%, 530 basis points worse than the prior-year quarter. Operating margin was 10.9%, 970 basis points worse than the prior-year quarter. Net margin was -16.6%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $645.3 million. The average EPS estimate is $2.09.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 158 members out of 181 rating the stock outperform, and 23 members rating it underperform. Among 56 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 52 give Rovi a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rovi is hold, with an average price target of $22.70.
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