Steven Madden (NAS: SHOO) reported earnings on Feb. 21. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Steven Madden beat expectations on revenues and beat slightly on earnings per share.
Compared to the prior-year quarter, revenue grew significantly, and GAAP earnings per share increased significantly.
Margins shrank across the board.
Steven Madden logged revenue of $279.8 million. The six analysts polled by S&P Capital IQ foresaw revenue of $266.1 million on the same basis. GAAP reported sales were 74% higher than the prior-year quarter's $161 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.55. The seven earnings estimates compiled by S&P Capital IQ averaged $0.54 per share. GAAP EPS of $0.55 for Q4 were 34% higher than the prior-year quarter's $0.41 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 35.5%, 770 basis points worse than the prior-year quarter. Operating margin was 13.8%, 430 basis points worse than the prior-year quarter. Net margin was 8.5%, 240 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $246.5 million. On the bottom line, the average EPS estimate is $0.49.
Next year's average estimate for revenue is $1.19 billion. The average EPS estimate is $2.67.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 210 members rating the stock outperform and 20 members rating it underperform. Among 72 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 64 give Steven Madden a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Steven Madden is outperform, with an average price target of $46.33.
Over the decades, small-cap stocks like Steven Madden have provided 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: Two Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.
Add Steven Madden to My Watchlist.
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.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.