Vitacost.com Beats on the Top Line
Vitacost.com (NAS: VITC) reported earnings on March 15. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Vitacost.com missed estimates on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue improved and GAAP loss per share dropped.
Gross margins dropped, operating margins increased, net margins increased.
Vitacost.com logged revenue of $67.4 million. The three analysts polled by S&P Capital IQ expected sales of $69.9 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $59.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at -$0.12. The two earnings estimates compiled by S&P Capital IQ predicted -$0.08 per share on the same basis. GAAP EPS were -$0.13 for Q4 compared to -$0.39 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 23.2%, 20 basis points worse than the prior-year quarter. Operating margin was -5.3%, 1,710 basis points better than the prior-year quarter. Net margin was -5.3%, 1,270 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $76.3 million. On the bottom line, the average EPS estimate is -$0.04.
Next year's average estimate for revenue is $310.5 million. The average EPS estimate is -$0.25.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 28 members out of 34 rating the stock outperform, and six members rating it underperform. Among seven CAPS All-Star picks (recommendations by the highest-ranked CAPS members), five give Vitacost.com 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 Vitacost.com is hold, with an average price target of $6.50.
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At the time this article was published 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. 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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