Shaw Communications Misses on Revenues but Beats on EPS
Shaw Communications (NYS: SJR) reported earnings Jan. 12. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Nov. 30 (Q1), Shaw Communications missed slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly, and earnings per share grew significantly.
Margins grew across the board.
Shaw Communications chalked up revenue of $1.3 billion. The 12 analysts polled by S&P Capital IQ expected to see sales of $1.3 billion. Sales were 20% higher than the prior-year quarter's $1.1 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
Non-GAAP EPS came in at $0.47. The three earnings estimates compiled by S&P Capital IQ averaged $0.47 per share on the same basis. GAAP EPS of $0.42 for Q1 were much higher than the prior-year quarter's $0.04 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 40.1%, 110 basis points better than the prior-year quarter. Operating margin was 29.1%, 200 basis points better than the prior-year quarter. Net margin was 15%, 1,350 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $1.2 billion. On the bottom line, the average EPS estimate is $0.37.
Next year's average estimate for revenue is $5 billion. The average EPS estimate is $1.63.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 114 members out of 121 rating the stock outperform, and seven members rating it underperform. Among 37 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 34 give Shaw Communications a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Shaw Communications is hold, with an average price target of $21.39.
- Add Shaw Communications to My Watchlist.
At the time this article was published 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 ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. 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.