Pall Beats Estimates on Top and Bottom Lines
Pall (NYS: PLL) reported earnings yesterday. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Jan. 31 (Q2), Pall beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased, and GAAP earnings per share expanded.
Gross margins increased, operating margins dropped, and net margins grew.
Pall recorded revenue of $698 million. The nine analysts polled by S&P Capital IQ hoped for revenue of $685 million on the same basis. GAAP reported sales were 8.2% higher than the prior-year quarter's $645.2 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 $0.76. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.73 per share on the same basis. GAAP EPS of $0.72 for Q2 were 13% higher than the prior-year quarter's $0.64 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 51.6%, 10 basis points better than the prior-year quarter. Operating margin was 17.7%, 10 basis points worse than the prior-year quarter. Net margin was 12.1%, 40 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $732.6 million. On the bottom line, the average EPS estimate is $0.82.
Next year's average estimate for revenue is $2.91 billion. The average EPS estimate is $3.20.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 137 members rating the stock outperform and 23 members rating it underperform. Among 52 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Pall 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 Pall is hold, with an average price target of $58.89.
- Add Pall 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.