ATRION Increases Sales but Misses Estimates on Earnings

Updated

ATRION (NAS: ATRI) reported earnings on July 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), ATRION missed estimates on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue increased. GAAP earnings per share grew.


Gross margins increased, operating margins contracted, net margins increased.

Revenue details
ATRION recorded revenue of $32.6 million. The one analyst polled by S&P Capital IQ expected a top line of $34.7 million on the same basis. GAAP reported sales were 6.2% higher than the prior-year quarter's $30.7 million.

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

EPS details
EPS came in at $3.22. The one earnings estimate compiled by S&P Capital IQ anticipated $3.39 per share. GAAP EPS of $3.22 for Q2 were 6.6% higher than the prior-year quarter's $3.02 per share.

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

Margin details
For the quarter, gross margin was 47.9%, 10 basis points better than the prior-year quarter. Operating margin was 29.1%, 10 basis points worse than the prior-year quarter. Net margin was 20.0%, 10 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $31.0 million. On the bottom line, the average EPS estimate is $3.29.

Next year's average estimate for revenue is $127.7 million. The average EPS estimate is $12.53.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 256 members out of 264 rating the stock outperform, and eight members rating it underperform. Among 81 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 81 give ATRION a green thumbs-up, and give it a red thumbs-down.

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The article ATRION Increases Sales but Misses Estimates on Earnings originally appeared on Fool.com.

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Originally published