Fairchild Semiconductor International Goes Red

Seth Jayson, The Motley Fool
Updated

Fairchild Semiconductor International (NYS: FCS) reported earnings on Jan. 24. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Dec. 30 (Q4), Fairchild Semiconductor International missed slightly on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue shrank slightly and GAAP earnings per share shrank to a loss.


Gross margins shrank, operating margins grew, net margins contracted.

Revenue details
 Fairchild Semiconductor International booked revenue of $333.4 million. The 14 analysts polled by S&P Capital IQ expected a top line of $339.7 million on the same basis. GAAP reported sales were 1.8% lower than the prior-year quarter's $339.4 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.10. The 14 earnings estimates compiled by S&P Capital IQ anticipated $0.10 per share. GAAP EPS were -$0.11 for Q4 against $0.17 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 29.8%, 10 basis points worse than the prior-year quarter. Operating margin was 2.4%, 20 basis points better than the prior-year quarter. Net margin was -4.1%, 1,040 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $345.7 million. On the bottom line, the average EPS estimate is $0.12.

Next year's average estimate for revenue is $1.47 billion. The average EPS estimate is $0.78.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fairchild Semiconductor International is outperform, with an average price target of $15.12.

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The article Fairchild Semiconductor International Goes Red 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 has no position in any of the stocks mentioned. 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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