CBS (NYS: CBS) is expected to report Q3 earnings on Nov. 7. 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 CBS's revenues will expand 3.8% and EPS will expand 22.0%.

The average estimate for revenue is $3.49 billion. On the bottom line, the average EPS estimate is $0.61.


Revenue details
Last quarter, CBS chalked up revenue of $3.48 billion. GAAP reported sales were 3.1% lower than the prior-year quarter's $3.59 billion.

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, EPS came in at $0.65. GAAP EPS of $0.65 for Q2 were 12% higher than the prior-year quarter's $0.58 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 46.0%, 260 basis points better than the prior-year quarter. Operating margin was 22.1%, 160 basis points better than the prior-year quarter. Net margin was 12.3%, 130 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $14.95 billion. The average EPS estimate is $2.54.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 322 members out of 398 rating the stock outperform, and 76 members rating it underperform. Among 132 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 119 give CBS a green thumbs-up, and 13 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CBS is outperform, with an average price target of $38.40.

The article Will CBS Beat These Analyst Estimates? originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Behavioral Finance

Why do investors make the decisions that they do?

View Course »

Basics Of The Stock Market

Stock Market 101 - everything you need to know but were afraid to ask!

View Course »

Add a Comment

*0 / 3000 Character Maximum