Monster Worldwide (NYS: MWW) reported earnings on Aug. 2. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Monster Worldwide missed estimates on revenue and met expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share dropped significantly.
Gross margins grew, operating margins contracted, and net margins shrank.
Monster Worldwide logged revenue of $237.0 million. The 12 analysts polled by S&P Capital IQ predicted revenue of $243.4 million on the same basis. GAAP reported sales were 12% lower than the prior-year quarter's $269.7 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 $0.06. The 14 earnings estimates compiled by S&P Capital IQ averaged $0.06 per share. GAAP EPS of $0.04 for Q2 were 56% lower than the prior-year quarter's $0.09 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 55.3%, 430 basis points better than the prior-year quarter. Operating margin was 4.4%, 190 basis points worse than the prior-year quarter. Net margin was 2.0%, 210 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $243.6 million. On the bottom line, the average EPS estimate is $0.09.
Next year's average estimate for revenue is $977.2 million. The average EPS estimate is $0.29.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 247 members out of 321 rating the stock outperform, and 74 members rating it underperform. Among 96 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 65 give Monster Worldwide a green thumbs-up, and 31 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Monster Worldwide is outperform, with an average price target of $11.31.
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The article Fool Checkup: Monster Worldwide Earnings originally appeared on Fool.com.
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