TeleNav Beats Up on Analysts Yet Again
TeleNav (NAS: TNAV) reported earnings on Jan. 26. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q2), TeleNav beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded, and earnings per share improved.
Margins shrank across the board.
TeleNav notched revenue of $53.2 million. The seven analysts polled by S&P Capital IQ expected sales of $51.3 million. Sales were 11% higher than the prior-year quarter's $48 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
EPS came in at $0.23. The five earnings estimates compiled by S&P Capital IQ predicted $0.13 per share. GAAP EPS of $0.23 for Q2 were 4.5% higher than the prior-year quarter's $0.22 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 81.3%, 30 basis points worse than the prior-year quarter. Operating margin was 22.1%, 950 basis points worse than the prior-year quarter. Net margin was 19.3%, 160 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $56.3 million. On the bottom line, the average EPS estimate is $0.13.
Next year's average estimate for revenue is $219 million. The average EPS estimate is $0.60.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 106 members out of 108 rating the stock outperform, and two members rating it underperform. Among 29 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 29 give TeleNav a green thumbs-up, and zero give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on TeleNav is hold, with an average price target of $11.31.
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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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