ARRIS Group's Earnings Outlook

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Earnings Scheduled For February 14, 2018
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ARRIS Group (NASDAQ: ARRS) announces its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for today's Q4 earnings announcement.

Earnings and Revenue

Sell-side analysts expect ARRIS Group's EPS to be near 77 cents per share on sales of $1.75 billion.

ARRIS Group's EPS in the same period a year ago totaled 79 cents per share. Sales were $1.77 billion. The Wall Street consensus estimate for earnings would represent a 2.53 percent decrease for the company. Revenue would have fallen 1.41 percent from the same quarter last year.

Here's how the ARRIS Group's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.69 0.57 0.38 0.71
EPS Actual 0.8 0.63 0.4 0.79

 

Q4 EPS Estimate: 77 cents per share
Q4 Revenues Estimate: $1 billion

Stock Performance

Over the last 52-week period, shares are down -15.22 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Over the past 90 days, analysts' have adjusted their estimates lower for EPS and revenues. The most common rating by analysts on ARRIS Group stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

ARRIS Group's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/m6/p/6y6gotxx

 
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