Saturday, July 13, 2013

What to Expect from VOXX International

VOXX International (Nasdaq: VOXX  ) is expected to report Q1 earnings on July 10. 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 VOXX International's revenues will shrink -2.4% and EPS will decrease -69.2%.

The average estimate for revenue is $189.5 million. On the bottom line, the average EPS estimate is $0.04.

Revenue details
Last quarter, VOXX International booked revenue of $206.8 million. GAAP reported sales were 17% higher than the prior-year quarter's $176.6 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 $0.28. GAAP EPS of $0.43 for Q4 were 6.5% lower than the prior-year quarter's $0.46 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 30.2%, 130 basis points worse than the prior-year quarter. Operating margin was 6.1%, 260 basis points worse than the prior-year quarter. Net margin was 5.0%, 120 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $847.4 million. The average EPS estimate is $1.05.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 110 members out of 157 rating the stock outperform, and 47 members rating it underperform. Among 61 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 38 give VOXX International a green thumbs-up, and 23 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on VOXX International is buy, with an average price target of $13.00.

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