Cymer (NAS: CYMI) reported earnings on Oct. 26. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Cymer whiffed on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased slightly and GAAP earnings per share dropped.
Gross margins expanded, operating margins dropped, net margins dropped.
Cymer logged revenue of $131.5 million. The nine analysts polled by S&P Capital IQ expected a top line of $148.7 million on the same basis. GAAP reported sales were 2.2% higher than the prior-year quarter's $128.7 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 $0.31. The nine earnings estimates compiled by S&P Capital IQ predicted $0.07 per share. GAAP EPS of $0.31 for Q3 were 14% lower than the prior-year quarter's $0.36 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 54.6%, 400 basis points better than the prior-year quarter. Operating margin was 6.9%, 350 basis points worse than the prior-year quarter. Net margin was 7.5%, 120 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $138.7 million. On the bottom line, the average EPS estimate is $0.32.
Next year's average estimate for revenue is $586.4 million. The average EPS estimate is $2.18.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 102 members out of 126 rating the stock outperform, and 24 members rating it underperform. Among 41 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 36 give Cymer 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 Cymer is hold, with an average price target of $53.33.
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The article Cymer Beats Analyst Estimates on EPS originally appeared on Fool.com.
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