Leucadia National Catches Analysts Sleeping Again
Leucadia National (NYS: LUK) filed its 10-K on Feb. 27. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Leucadia National whiffed on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue shrank significantly and GAAP earnings per share dropped significantly.
Margins shrank across the board.
Leucadia National chalked up revenue of $297.2 million. The one analyst polled by S&P Capital IQ predicted revenue of $367.1 million on the same basis. GAAP reported sales were 50% lower than the prior-year quarter's $556.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $0.46. The one earnings estimate compiled by S&P Capital IQ predicted $0.46 per share on the same basis. GAAP EPS of $0.49 for Q4 were 93% lower than the prior-year quarter's $6.84 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 64.9%, 1,820 basis points worse than the prior-year quarter. Operating margin was 37.5%, 2,990 basis points worse than the prior-year quarter. Net margin was 43.1%, 26,180 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $238.9 million. On the bottom line, the average EPS estimate is $0.40.
Next year's average estimate for revenue is $931.0 million. The average EPS estimate is $1.70.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,252 members out of 1,279 rating the stock outperform, and 27 members rating it underperform. Among 396 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 391 give Leucadia National a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Leucadia National is hold, with an average price target of $30.
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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.
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