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Does The Street Have MEMC Electronic Materials Figured Out?

Monday - 5/6/2013, 2:00am  ET

MEMC Electronic Materials is expected to report Q1 earnings around May 8. 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 MEMC Electronic Materials's revenues will wither -19.2% and EPS will remain in the red.

The average estimate for revenue is $423.1 million. On the bottom line, the average EPS estimate is -$0.14.

Revenue details
Last quarter, MEMC Electronic Materials reported revenue of $704.3 million. GAAP reported sales were 16% lower than the prior-year quarter's $717.8 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 $0.08. GAAP EPS were -$0.05 for Q4 compared to -$6.45 per share for 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 18.0%, much better than the prior-year quarter. Operating margin was 4.7%, much better than the prior-year quarter. Net margin was -2.0%, much better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.78 billion. The average EPS estimate is $0.23.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,783 members out of 1,855 rating the stock outperform, and 72 members rating it underperform. Among 325 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 306 give MEMC Electronic Materials a green thumbs-up, and 19 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MEMC Electronic Materials is outperform, with an average price target of $4.26.

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This article was originally published as Does The Street Have MEMC Electronic Materials Figured Out?on Fool.com

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