Coleman Cable (NAS: CCIX) reported earnings March 12. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Coleman Cable beat slightly on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share increased.
Gross margins contracted, operating margins shrank, net margins were steady.
Coleman Cable booked revenue of $206.9 million. The five analysts polled by S&P Capital IQ hoped for sales of $204.1 million on the same basis. GAAP reported sales were 11% higher than the prior-year quarter's $186.2 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 $0.07. The five earnings estimates compiled by S&P Capital IQ averaged $0.24 per share on the same basis. GAAP EPS of $0.08 for Q4 were 14% higher than the prior-year quarter's $0.07 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 12.5%, 10 basis points worse than the prior-year quarter. Operating margin was 4.6%, 50 basis points worse than the prior-year quarter. Net margin was 0.7%, about the same as the prior-year quarter.
Next quarter's average estimate for revenue is $215.4 million. On the bottom line, the average EPS estimate is $0.32.
Next year's average estimate for revenue is $926.5 million. The average EPS estimate is $1.58.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 91 members out of 98 rating the stock outperform, and seven members rating it underperform. Among 27 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 25 give Coleman Cable 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 Coleman Cable is outperform, with an average price target of $13.50.
Over the decades, small-cap stocks like Coleman Cable 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 Coleman Cable to My Watchlist.
At the time thisarticle was published
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.