Consolidated Tomoka L Beats on the Top Line
Consolidated Tomoka L (AMEX: CTO) reported earnings on Feb. 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Consolidated Tomoka L beat expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded. Non-GAAP loss per share contracted. GAAP earnings per share grew.
Margins grew across the board.
Consolidated Tomoka L tallied revenue of $4.3 million. The one analyst polled by S&P Capital IQ expected to see revenue of $4.0 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $3.8 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 -$0.01. The one earnings estimate compiled by S&P Capital IQ anticipated $0.05 per share. Non-GAAP EPS were -$0.01 for Q4 versus -$0.12 per share for the prior-year quarter. GAAP EPS were $0.01 for Q4 compared to -$0.10 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 64.7%, much better than the prior-year quarter. Operating margin was 13.5%, much better than the prior-year quarter. Net margin was 1.4%, much better than the prior-year quarter.
Next quarter's average estimate for revenue is $4.3 million. On the bottom line, the average EPS estimate is $0.09.
Next year's average estimate for revenue is $17.2 million. The average EPS estimate is $0.36.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 49 members out of 73 rating the stock outperform, and 24 members rating it underperform. Among 25 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 19 give Consolidated Tomoka L a green thumbs-up, and six give it a red thumbs-down.
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The article Consolidated Tomoka L Beats on the Top Line 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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