Qiagen's Upcoming Earnings: What You Need To Know

Qiagen (NAS: QGEN) is expected to report Q2 earnings on July 30. 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 Qiagen's revenues will grow 1.5% and EPS will wane -4.0%.

The average estimate for revenue is $311.8 million. On the bottom line, the average EPS estimate is $0.24.


Revenue details
Last quarter, Qiagen tallied revenue of $303.6 million. GAAP reported sales were 2.4% higher than the prior-year quarter's $296.4 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 $0.23. GAAP EPS of $0.08 for Q1 were 33% lower than the prior-year quarter's $0.12 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 66.4%, 250 basis points better than the prior-year quarter. Operating margin was 13.5%, 240 basis points worse than the prior-year quarter. Net margin was 6.6%, 300 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.31 billion.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 175 members out of 188 rating the stock outperform, and 13 members rating it underperform. Among 58 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 56 give Qiagen a green thumbs-up, and two give it a red thumbs-down.

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The article Qiagen's Upcoming Earnings: What You Need To Know 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 recommends Qiagen. 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.

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