ANN INC (NYS: ANN) reported earnings on Aug. 17. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended July 28 (Q2), ANN INC beat slightly on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share expanded significantly.
Margins expanded across the board.
ANN INC logged revenue of $594.9 million. The 12 analysts polled by S&P Capital IQ expected revenue of $585.6 million on the same basis. GAAP reported sales were 6.6% higher than the prior-year quarter's $558.2 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 $0.63. The 15 earnings estimates compiled by S&P Capital IQ averaged $0.51 per share. GAAP EPS of $0.63 for Q2 were 34% higher than the prior-year quarter's $0.47 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 55.9%, 90 basis points better than the prior-year quarter. Operating margin was 8.9%, 140 basis points better than the prior-year quarter. Net margin was 5.2%, 80 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $603.0 million. On the bottom line, the average EPS estimate is $0.73.
Next year's average estimate for revenue is $2.38 billion. The average EPS estimate is $2.18.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 178 members out of 262 rating the stock outperform, and 84 members rating it underperform. Among 93 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 68 give ANN INC a green thumbs-up, and 25 give it a red thumbs-down.
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The article ANN INC Beats Up on Analysts Yet Again originally appeared on Fool.com.
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