Sagent Pharmaceuticals Earnings Are on Deck

Sagent Pharmaceuticals (NAS: SGNT) is expected to report Q2 earnings on Aug. 6. 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 Sagent Pharmaceuticals's revenues will expand 37.1% and EPS will remain in the red.

The average estimate for revenue is $58.5 million. On the bottom line, the average EPS estimate is -$0.02.


Revenue details
Last quarter, Sagent Pharmaceuticals booked revenue of $60.2 million. GAAP reported sales were 57% higher than the prior-year quarter's $38.3 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.17. GAAP EPS were $0.34 for Q1 compared to -$0.30 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Recent performance
For the preceding quarter, gross margin was 30.7%, much better than the prior-year quarter. Operating margin was 8.9%, much better than the prior-year quarter. Net margin was 16.3%, much better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $245.9 million. The average EPS estimate is $0.29.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 14 members out of 16 rating the stock outperform, and two members rating it underperform. Among three CAPS All-Star picks (recommendations by the highest-ranked CAPS members), one give Sagent Pharmaceuticals a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sagent Pharmaceuticals is outperform, with an average price target of $19.13.

The article Sagent Pharmaceuticals Earnings Are on Deck 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 position in any of the stocks mentioned. 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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