Advanced Energy Industries Beats on Revenue, Matches Expectations on EPS
Advanced Energy Industries (NAS: AEIS) reported earnings on Feb. 4. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Advanced Energy Industries beat slightly on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue was unchanged and GAAP earnings per share grew.
Gross margins dropped, operating margins expanded, net margins increased.
Advanced Energy Industries logged revenue of $113.0 million. The eight analysts polled by S&P Capital IQ predicted sales of $111.4 million on the same basis. GAAP reported sales were 0.4% higher than the prior-year quarter's $112.5 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 $0.16. The nine earnings estimates compiled by S&P Capital IQ predicted $0.16 per share. GAAP EPS were $0.13 for Q4 compared to -$0.07 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 34.1%, 50 basis points worse than the prior-year quarter. Operating margin was 6.7%, 570 basis points better than the prior-year quarter. Net margin was 4.3%, 680 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $100.3 million. On the bottom line, the average EPS estimate is $0.12.
Next year's average estimate for revenue is $474.3 million. The average EPS estimate is $0.96.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 224 members out of 239 rating the stock outperform, and 15 members rating it underperform. Among 61 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 59 give Advanced Energy Industries 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 Advanced Energy Industries is outperform, with an average price target of $14.14.
Is Advanced Energy Industries your best play in technology? Computers, mobile devices, and related services are creating huge amounts of valuable data, but only for companies that can crunch the numbers and make sense of it. Meet the leader in this field in "The Only Stock You Need To Profit From the NEW Technology Revolution." Click here for instant access to this free report.
- Add Advanced Energy Industries to My Watchlist.
The article Advanced Energy Industries Beats on Revenue, Matches Expectations on EPS 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.