Dynamic Materials Beats on Both Top and Bottom Lines
Dynamic Materials (NAS: BOOM) reported earnings on Feb. 27. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Dynamic Materials beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped. GAAP earnings per share dropped significantly.
Gross margins expanded, operating margins dropped, net margins dropped.
Dynamic Materials logged revenue of $52.5 million. The three analysts polled by S&P Capital IQ looked for revenue of $51.7 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
EPS came in at $0.21. The five earnings estimates compiled by S&P Capital IQ anticipated $0.20 per share. GAAP EPS of $0.21 for Q4 were 19% lower than the prior-year quarter's $0.26 per share.
For the quarter, gross margin was 30.5%, 320 basis points better than the prior-year quarter. Operating margin was 8.5%, 100 basis points worse than the prior-year quarter. Net margin was 5.4%, 120 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $50.7 million. On the bottom line, the average EPS estimate is $0.24.
Next year's average estimate for revenue is $220.0 million. The average EPS estimate is $1.09.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dynamic Materials is outperform, with an average price target of $20.20.
Looking for alternatives to Dynamic Materials? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Dynamic Materials to My Watchlist.
The article Dynamic Materials 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 recommends Dynamic Materials. The Motley Fool owns shares of Dynamic Materials. 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.