The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Bio-Rad Laboratories's revenues will grow 4.3% and EPS will drop -24.3%.
The average estimate for revenue is $532.6 million. On the bottom line, the average EPS estimate is $1.28.
Last quarter, Bio-Rad Laboratories chalked up revenue of $499.7 million. GAAP reported sales were 2.8% higher than the prior-year quarter's $486.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
Last quarter, EPS came in at $0.68. GAAP EPS of $0.68 for Q1 were 38% lower than the prior-year quarter's $1.09 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the preceding quarter, gross margin was 54.3%, 300 basis points worse than the prior-year quarter. Operating margin was 6.7%, 450 basis points worse than the prior-year quarter. Net margin was 3.9%, 250 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.14 billion. The average EPS estimate is $5.07.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 180 members out of 189 rating the stock outperform, and nine members rating it underperform. Among 55 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 53 give Bio-Rad Laboratories 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 Bio-Rad Laboratories is outperform, with an average price target of $135.25.
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