Wright Medical Group (Nasdaq: WMGI ) is expected to report Q4 earnings on Feb. 21. 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 Wright Medical Group's revenues will wane -5.1% and EPS will shrink to a loss.
The average estimate for revenue is $120.4 million. On the bottom line, the average EPS estimate is -$0.02.
Revenue details
Last quarter, Wright Medical Group reported revenue of $110.4 million. GAAP reported sales were 6.6% lower than the prior-year quarter's $118.2 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 -$0.04. GAAP EPS were -$0.14 for Q3 against -$0.42 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 68.2%, 120 basis points worse than the prior-year quarter. Operating margin was -3.6%, 410 basis points better than the prior-year quarter. Net margin was -4.8%, 880 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $480.6 million. The average EPS estimate is $0.21.
Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 43 members out of 61 rating the stock outperform, and 18 members rating it underperform. Among 16 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 11 give Wright Medical Group a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Wright Medical Group is outperform, with an average price target of $22.08.
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