Landauer Beats on EPS but GAAP Results Lag
Landauer (NYS: LDR) reported earnings on Feb. 6. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q1), Landauer beat expectations on revenues and earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share shrank significantly.
Margins contracted across the board.
Landauer logged revenue of $30.5 million. The two analysts polled by S&P Capital IQ expected to see a top line of $29.9 million. Sales were 29% higher than the prior-year quarter's $29.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
Non-GAAP EPS came in at $0.65. The two earnings estimates compiled by S&P Capital IQ anticipated $0.54 per share on the same basis. GAAP EPS of $0.52 for Q4 were 16% lower than the prior-year quarter's $0.62 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 59.3%, 170 basis points worse than the prior-year quarter. Operating margin was 25.6%, 330 basis points worse than the prior-year quarter. Net margin was 13.4%, 710 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $34.0 million. On the bottom line, the average EPS estimate is $0.57.
Next year's average estimate for revenue is $153.0 million. The average EPS estimate is $2.34.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 54 members out of 58 rating the stock outperform, and four members rating it underperform. Among 23 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 23 give Landauer a green thumbs-up.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Landauer is outperform, with an average price target of $60.50.
Over the decades, small-cap stocks like Landauer have produced market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: 2 Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.
- Add Landauer 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.