Prestige Brands Holdings Beats on Revenue, Matches Expectations on EPS
Prestige Brands Holdings (NYS: PBH) reported earnings on Feb. 9. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q3), Prestige Brands Holdings beat expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share expanded significantly.
Gross margins dropped, operating margins grew, net margins improved.
Prestige Brands Holdings reported revenue of $106.3 million. The three analysts polled by S&P Capital IQ wanted to see revenue of $104.1 million on the same basis. GAAP reported sales were 17% higher than the prior-year quarter's $90.6 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 $0.25. The five earnings estimates compiled by S&P Capital IQ forecast $0.25 per share on the same basis. GAAP EPS of $0.19 for Q3 were 375% higher than the prior-year quarter's $0.04 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 51.9%, 50 basis points worse than the prior-year quarter. Operating margin was 26.9%, 100 basis points better than the prior-year quarter. Net margin was 9.0%, 660 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $127.4 million. On the bottom line, the average EPS estimate is $0.23.
Next year's average estimate for revenue is $434.4 million. The average EPS estimate is $0.96.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 162 members out of 173 rating the stock outperform, and 11 members rating it underperform. Among 49 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 47 give Prestige Brands Holdings a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Prestige Brands Holdings is outperform, with an average price target of $14.25.
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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.