Sourcefire (Nasdaq: FIRE ) is expected to report Q2 earnings on July 29. 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 Sourcefire's revenues will increase 22.6% and EPS will shrink -6.3%.
The average estimate for revenue is $62.0 million. On the bottom line, the average EPS estimate is $0.15.
Revenue details
Last quarter, Sourcefire booked revenue of $56.2 million. GAAP reported sales were 21% higher than the prior-year quarter's $46.3 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 $0.11. GAAP EPS of $0.00 were the same as the prior-year quarter.
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 76.5%, 10 basis points better than the prior-year quarter. Operating margin was -2.4%, 270 basis points worse than the prior-year quarter. Net margin was 0.0%, 10 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $278.5 million. The average EPS estimate is $0.96.
Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 134 members out of 173 rating the stock outperform, and 39 members rating it underperform. Among 43 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 36 give Sourcefire a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sourcefire is hold, with an average price target of $60.50.
Software and computerized services are being consumed in radically different ways, on new and increasingly mobile devices. Many old leaders will be left behind. Whether or not Sourcefire makes the coming cut, you should check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
Add Sourcefire to My Watchlist.
No comments:
Post a Comment