Siliconware Precision Industries Misses Where It Counts
Siliconware Precision Industries (NAS: SPIL) reported earnings on April 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Siliconware Precision Industries met expectations on revenue and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share stayed the same.
Margins dropped across the board.
Siliconware Precision Industries booked revenue of $512.0 million. The 15 analysts polled by S&P Capital IQ expected a top line of $508.6 million on the same basis. GAAP reported sales were 4.3% higher than the prior-year quarter's $490.9 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 $0.05. The two earnings estimates compiled by S&P Capital IQ predicted $0.06 per share on the same basis. GAAP EPS of $0.01 were the same as 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 14.7%, 50 basis points worse than the prior-year quarter. Operating margin was 6.9%, 130 basis points worse than the prior-year quarter. Net margin was 5.9%, 150 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $562.6 million. On the bottom line, the average EPS estimate is $0.09.
Next year's average estimate for revenue is $2.27 billion. The average EPS estimate is $0.37.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 614 members out of 636 rating the stock outperform, and 22 members rating it underperform. Among 134 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 132 give Siliconware Precision Industries 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 Siliconware Precision Industries is outperform, with an average price target of $5.57.
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