OraSure Technologies Beats Up on Analysts Yet Again

Updated

OraSure Technologies (NAS: OSUR) reported earnings on May 8. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), OraSure Technologies beat slightly on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue increased slightly. GAAP loss per share expanded.


Margins shrank across the board.

Revenue details
OraSure Technologies booked revenue of $21.2 million. The nine analysts polled by S&P Capital IQ expected revenue of $20.8 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at -$0.18. The seven earnings estimates compiled by S&P Capital IQ averaged -$0.18 per share. GAAP EPS were -$0.18 for Q1 compared to -$0.07 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 56.8%, 880 basis points worse than the prior-year quarter. Operating margin was -50.0%, much worse than the prior-year quarter. Net margin was -48.3%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $23.3 million. On the bottom line, the average EPS estimate is -$0.14.

Next year's average estimate for revenue is $95.4 million. The average EPS estimate is -$0.50.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 200 members out of 221 rating the stock outperform, and 21 members rating it underperform. Among 46 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 40 give OraSure Technologies a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on OraSure Technologies is outperform, with an average price target of $10.69.

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The article OraSure Technologies Beats Up on Analysts Yet Again originally appeared on Fool.com.

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. The Motley Fool has no position in any of the stocks mentioned. 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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