Align Technology's Q4 Earnings Preview

Align Technology ALGN unveils its next round of earnings Tuesday. Get prepared with Benzinga's preview for Align's Q4 earnings.

Earnings and Revenue

Analysts covering Align modeled for quarterly EPS of 96 cents per share on revenue of $395.7 million.

Align's EPS in the same period a year ago totaled 59 cents per share. Revenue was $293.2 million. The Wall Street consensus estimate for earnings would represent a 62.71 percent increase for the company. Sales would be up 34.97 percent from the same quarter last year.

Align's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.81 0.73 0.67 0.67
EPS Actual 1.01 0.85 0.59 0.59

 

Q4 EPS Estimate: 96 cents per share
Q4 Revenues Estimate: $395 million

Stock Performance

Shares of Align Technology were trading around $283.97 as of Jan. 30. Over the last 52-week period, shares are up 207.89 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Over the past 90 days, analysts' have adjusted their estimates higher for EPS and revenues. The average rating by analysts on Align stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Align's Q4 conference call is scheduled to begin at 4:00 p.m. ET and can be accessed here: http://investor.aligntech.com/releasedetail.cfm?ReleaseID=1053016

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