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Coming Soon: Synchronoss Technologies Earnings

Monday - 4/29/2013, 2:00am  ET

Synchronoss Technologies is expected to report Q1 earnings on May 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 Synchronoss Technologies's revenues will increase 18.7% and EPS will expand 7.7%.

The average estimate for revenue is $76.6 million. On the bottom line, the average EPS estimate is $0.28.

Revenue details
Last quarter, Synchronoss Technologies reported revenue of $73.2 million. GAAP reported sales were 18% higher than the prior-year quarter's $62.2 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 $0.29. GAAP EPS of $0.09 for Q4 were 57% lower than the prior-year quarter's $0.21 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 57.3%, 290 basis points better than the prior-year quarter. Operating margin was 12.3%, 160 basis points better than the prior-year quarter. Net margin was 4.7%, 850 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $340.8 million. The average EPS estimate is $1.34.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 448 members out of 474 rating the stock outperform, and 26 members rating it underperform. Among 99 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 98 give Synchronoss Technologies a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Synchronoss Technologies is outperform, with an average price target of $27.75.

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This article was originally published as Coming Soon: Synchronoss Technologies Earningson Fool.com

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