Hawkins' Earnings Beat Last Year's by 89%
Hawkins (NAS: HWKN) reported earnings on May 30. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended April 1 (Q4), Hawkins missed estimates on revenues and earnings per share.
Compared to the prior-year quarter, revenue grew slightly and GAAP earnings per share improved significantly.
Margins improved across the board.
Hawkins recorded revenue of $83.2 million. The one analyst polled by S&P Capital IQ hoped for revenue of $88.8 million on the same basis. GAAP reported sales were 1.5% higher than the prior-year quarter's $82.0 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 $0.34. The one earnings estimate compiled by S&P Capital IQ averaged $0.50 per share. GAAP EPS of $0.34 for Q4 were 89% higher than the prior-year quarter's $0.18 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 16.2%, 160 basis points better than the prior-year quarter. Operating margin was 6.8%, 180 basis points better than the prior-year quarter. Net margin was 4.2%, 190 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $94.8 million. On the bottom line, the average EPS estimate is $0.62.
Next year's average estimate for revenue is $369.8 million. The average EPS estimate is $2.30.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 239 members out of 247 rating the stock outperform, and eight members rating it underperform. Among 66 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 66 give Hawkins a green thumbs-up.
Over the decades, small-cap stocks like Hawkins have produced market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: 2 Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.
- Add Hawkins 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.