Given Imaging (NAS: GIVN) reported earnings on Aug. 7. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Given Imaging missed estimates on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue shrank slightly and GAAP earnings per share expanded significantly.
Margins increased across the board.
Given Imaging reported revenue of $44.5 million. The three analysts polled by S&P Capital IQ looked for sales of $48.5 million on the same basis. GAAP reported sales were 0.6% lower than the prior-year quarter's $44.8 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 $0.16. The two earnings estimates compiled by S&P Capital IQ forecast $0.18 per share. GAAP EPS of $0.10 for Q2 were 67% higher than the prior-year quarter's $0.06 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 77.1%, 160 basis points better than the prior-year quarter. Operating margin was 7.6%, 200 basis points better than the prior-year quarter. Net margin was 6.8%, 250 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $49.3 million. On the bottom line, the average EPS estimate is $0.22.
Next year's average estimate for revenue is $193.4 million. The average EPS estimate is $0.65.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 122 members out of 136 rating the stock outperform, and 14 members rating it underperform. Among 20 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 17 give Given Imaging a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Given Imaging is buy, with an average price target of $23.00.
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The article Given Imaging Misses on Both Revenue and Earnings originally appeared on Fool.com.
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