WMS Industries (NYS: WMS) reported earnings on Aug. 21. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q4), WMS Industries beat expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share grew significantly.
Gross margins grew, operating margins dropped, net margins improved.
WMS Industries reported revenue of $195.9 million. The 14 analysts polled by S&P Capital IQ expected a top line of $188.1 million on the same basis. GAAP reported sales were 3.6% lower than the prior-year quarter's $203.2 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 $0.40. The 17 earnings estimates compiled by S&P Capital IQ predicted $0.45 per share. GAAP EPS of $0.40 for Q4 were 122% 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 61.9%, 130 basis points better than the prior-year quarter. Operating margin was 16.2%, 230 basis points worse than the prior-year quarter. Net margin was 11.3%, 620 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $156.2 million. On the bottom line, the average EPS estimate is $0.21.
Next year's average estimate for revenue is $711.8 million. The average EPS estimate is $1.26.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 177 members out of 202 rating the stock outperform, and 25 members rating it underperform. Among 51 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 46 give WMS Industries a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on WMS Industries is hold, with an average price target of $24.00.
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The article WMS Industries Misses Where it Counts originally appeared on Fool.com.
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