Schiff Nutrition International Beats on Both Top and Bottom Lines
Schiff Nutrition International (NYS: WNI) reported earnings yesterday. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Feb. 29 (Q3), Schiff Nutrition International beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share grew.
Gross margins increased, operating margins contracted, net margins dropped.
Schiff Nutrition International reported revenue of $72.2 million. The three analysts polled by S&P Capital IQ wanted to see revenue of $65.0 million on the same basis. GAAP reported sales were 25% higher than the prior-year quarter's $57.7 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 $0.16. The three earnings estimates compiled by S&P Capital IQ forecast $0.12 per share. GAAP EPS of $0.16 for Q3 were 14% higher than the prior-year quarter's $0.14 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 45.8%, 960 basis points better than the prior-year quarter. Operating margin was 9.8%, 120 basis points worse than the prior-year quarter. Net margin was 6.4%, 60 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $62.9 million. On the bottom line, the average EPS estimate is $0.12.
Next year's average estimate for revenue is $247.8 million. The average EPS estimate is $0.49.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 75 members out of 82 rating the stock outperform, and seven members rating it underperform. Among 26 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 25 give Schiff Nutrition International a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Schiff Nutrition International is buy, with an average price target of $14.00.
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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. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.
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