Coinstar Increases Sales but Misses Estimates on Earnings
Coinstar (NAS: CSTR) reported earnings April 26. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Coinstar beat slightly on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share grew significantly.
Margins grew across the board.
Coinstar logged revenue of $568.2 million. The 15 analysts polled by S&P Capital IQ expected to see revenue of $562.5 million on the same basis. GAAP reported sales were 34% higher than the prior-year quarter's $424.1 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 $1.39. The 10 earnings estimates compiled by S&P Capital IQ averaged $1.42 per share. GAAP EPS of $1.65 for Q1 were much higher than the prior-year quarter's $0.26 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 31.3%, 560 basis points better than the prior-year quarter. Operating margin was 13.8%, 640 basis points better than the prior-year quarter. Net margin was 9.5%, 750 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $545.8 million. On the bottom line, the average EPS estimate is $1.08.
Next year's average estimate for revenue is $2.26 billion. The average EPS estimate is $4.79.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 582 members rating the stock outperform and 95 members rating it underperform. Among 149 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 127 give Coinstar a green thumbs-up, and 22 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Coinstar is outperform, with an average price target of $70.62.
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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.
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