Fibria Celulose Goes Negative

Seth Jayson, The Motley Fool
Updated

Fibria Celulose (NYS: FBR) reported earnings on Feb. 2. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Fibria Celulose beat expectations on revenue and missed expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped significantly and GAAP earnings per share dropped to a loss.

Margins dropped across the board.

Revenue details
Fibria Celulose logged revenue of $750.7 million. The seven analysts polled by S&P Capital IQ expected to see a top line of $704.8 million. Sales were 20% lower than the prior-year quarter's $1.07 billion.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
EPS came in at -$0.43. The five earnings estimates compiled by S&P Capital IQ anticipated $0.09 per share. GAAP EPS were -$0.43 for Q4 against $0.21 per share for the prior-year quarter.

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Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 4.2%, 1,570 basis points worse than the prior-year quarter. Operating margin was -9.5%, 2,070 basis points worse than the prior-year quarter. Net margin was -25.7%, 3,600 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $742.9 million. On the bottom line, the average EPS estimate is -$0.25.

Next year's average estimate for revenue is $3.36 billion. The average EPS estimate is -$0.15.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 222 members out of 236 rating the stock outperform, and 14 members rating it underperform. Among 77 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 73 give Fibria Celulose a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fibria Celulose is hold, with an average price target of $9.91.

At the time thisarticle 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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