Rofin-Sinar Technologies Beats on Both Top and Bottom Lines
Rofin-Sinar Technologies (NAS: RSTI) reported earnings on Nov. 8. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q4), Rofin-Sinar Technologies beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue contracted and GAAP earnings per share shrank significantly.
Margins dropped across the board.
Rofin-Sinar Technologies notched revenue of $147.5 million. The six analysts polled by S&P Capital IQ expected sales of $127.0 million on the same basis. GAAP reported sales were 13% lower than the prior-year quarter's $169.5 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 $0.35. The five earnings estimates compiled by S&P Capital IQ predicted $0.28 per share. GAAP EPS of $0.35 for Q4 were 41% lower than the prior-year quarter's $0.59 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 34.7%, 90 basis points worse than the prior-year quarter. Operating margin was 10.5%, 240 basis points worse than the prior-year quarter. Net margin was 6.8%, 340 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $130.2 million. On the bottom line, the average EPS estimate is $0.30.
Next year's average estimate for revenue is $562.7 million. The average EPS estimate is $1.59.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,203 members out of 1,227 rating the stock outperform, and 24 members rating it underperform. Among 369 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 367 give Rofin-Sinar Technologies a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rofin-Sinar Technologies is outperform, with an average price target of $25.68.
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The article Rofin-Sinar Technologies Beats on Both Top and Bottom Lines originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of Rofin-Sinar Technologies. Motley Fool newsletter services recommend Rofin-Sinar Technologies. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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