Mobile Telesystems OJSC Beats Up on Analysts Yet Again
Mobile Telesystems OJSC (NYS: MBT) reported earnings on May 21. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Mobile Telesystems OJSC beat slightly on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue improved slightly and GAAP earnings per share grew significantly.
Margins grew across the board.
Mobile Telesystems OJSC chalked up revenue of $3.01 billion. The six analysts polled by S&P Capital IQ expected a top line of $2.98 billion on the same basis. GAAP reported sales were 2.7% higher than the prior-year quarter's $2.93 billion.
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 $0.52. The two earnings estimates compiled by S&P Capital IQ averaged $0.30 per share. GAAP EPS of $0.51 for Q1 were 50% higher than the prior-year quarter's $0.34 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 71.7%, 80 basis points better than the prior-year quarter. Operating margin was 21.6%, 210 basis points better than the prior-year quarter. Net margin was 17.0%, 600 basis points better than the prior-year quarter.
On the bottom line, the average EPS estimate is $0.38.
Next year's average estimate for revenue is $12.95 billion. The average EPS estimate is $1.59.
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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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