Einstein Noah Restaurant Group's Earnings Beat Last Year's
Einstein Noah Restaurant Group (NAS: BAGL) reported earnings on May 3. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended April 3 (Q1), Einstein Noah Restaurant Group met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share increased significantly.
Margins improved across the board.
Einstein Noah Restaurant Group booked revenue of $104.9 million. The six analysts polled by S&P Capital IQ looked for revenue of $105.7 million on the same basis. GAAP reported sales were 3.6% higher than the prior-year quarter's $101.2 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 $0.21. The six earnings estimates compiled by S&P Capital IQ averaged $0.11 per share. GAAP EPS of $0.19 for Q1 were 171% 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 24.0%, 310 basis points better than the prior-year quarter. Operating margin was 6.3%, 310 basis points better than the prior-year quarter. Net margin was 3.1%, 190 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $109.3 million. On the bottom line, the average EPS estimate is $0.22.
Next year's average estimate for revenue is $435.9 million. The average EPS estimate is $1.02.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 97 members out of 114 rating the stock outperform, and 18 members rating it underperform. Among 44 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 37 give Einstein Noah Restaurant Group a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Einstein Noah Restaurant Group is outperform, with an average price target of $18.75.
Can your retirement portfolio provide you with enough income to last? You'll need more than Einstein Noah Restaurant Group. Learn about crafting a smarter retirement plan in "The Shocking Can't-Miss Truth About Your Retirement." Click here for instant access to this free report.
- Add Einstein Noah Restaurant Group to My Watchlist.
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.