Dana Holding Whiffs on Earnings
Dana Holding (NYS: DAN) filed its 10-K on Feb. 23. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Dana Holding met expectations on revenues and whiffed on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share grew.
Margins expanded across the board.
Dana Holding reported revenue of $1.91 billion. The eight analysts polled by S&P Capital IQ anticipated revenue of $1.90 billion on the same basis. GAAP reported sales were 22% higher than the prior-year quarter's $1.56 billion.
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 $0.29. The 10 earnings estimates compiled by S&P Capital IQ forecast $0.38 per share on the same basis. GAAP EPS were $0.33 for Q4 against -$0.15 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 11.2%, 20 basis points better than the prior-year quarter. Operating margin was 6.1%, 300 basis points better than the prior-year quarter. Net margin was 3.7%, 450 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $1.91 billion. On the bottom line, the average EPS estimate is $0.40.
Next year's average estimate for revenue is $8.07 billion. The average EPS estimate is $1.91.
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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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