KLA-Tencor (NAS: KLAC) reported earnings on Oct. 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q1), KLA-Tencor missed estimates on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue contracted and GAAP earnings per share dropped significantly.
Margins contracted across the board.
KLA-Tencor notched revenue of $720.7 million. The 14 analysts polled by S&P Capital IQ expected to see a top line of $740.0 million on the same basis. GAAP reported sales were 9.5% lower than the prior-year quarter's $796.5 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 $0.84. The 13 earnings estimates compiled by S&P Capital IQ forecast $0.89 per share. GAAP EPS of $0.80 for Q1 were 29% lower than the prior-year quarter's $1.13 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 56.0%, 130 basis points worse than the prior-year quarter. Operating margin was 25.9%, 600 basis points worse than the prior-year quarter. Net margin was 18.8%, 530 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $744.1 million. On the bottom line, the average EPS estimate is $0.88.
Next year's average estimate for revenue is $3.17 billion. The average EPS estimate is $4.10.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 251 members out of 285 rating the stock outperform, and 34 members rating it underperform. Among 73 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 64 give KLA-Tencor a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on KLA-Tencor is outperform, with an average price target of $56.59.
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The article The Gory Details on KLA-Tencor's Double Fumble originally appeared on Fool.com.
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