China Lodging Group Meets on Revenues, Misses on EPS
China Lodging Group (NAS: HTHT) reported earnings on March 8. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), China Lodging Group met expectations on revenues and missed slightly on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share shrank.
Margins shrank across the board.
China Lodging Group reported revenue of $103.2 million. The seven analysts polled by S&P Capital IQ wanted to see revenue of $103.0 million on the same basis. GAAP reported sales were 50% higher than the prior-year quarter's $68.7 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 $0.08. The four earnings estimates compiled by S&P Capital IQ forecast $0.08 per share. GAAP EPS of $0.08 for Q4 were 11% lower than the prior-year quarter's $0.09 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 24.1%, 450 basis points worse than the prior-year quarter. Operating margin was 5.3%, 150 basis points worse than the prior-year quarter. Net margin was 4.9%, 280 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $94.6 million. On the bottom line, the average EPS estimate is -$0.05.
Next year's average estimate for revenue is $484.4 million. The average EPS estimate is $0.46.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 33 members out of 49 rating the stock outperform, and 16 members rating it underperform. Among 14 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), six give China Lodging Group 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 China Lodging Group is outperform, with an average price target of $20.52.
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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.