AMCOL International Beats on EPS But GAAP Results Lag

Before you go, we thought you'd like these...
Before you go close icon

AMCOL International (NYS: ACO) reported earnings on July 26. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), AMCOL International met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded slightly. Non-GAAP earnings per share shrank. GAAP earnings per share shrank significantly.


Margins dropped across the board.

Revenue details
AMCOL International logged revenue of $262.8 million. The three analysts polled by S&P Capital IQ predicted a top line of $261.7 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

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

EPS details
EPS came in at $0.57. The three earnings estimates compiled by S&P Capital IQ anticipated $0.54 per share. Non-GAAP EPS of $0.57 for Q2 were 12% lower than the prior-year quarter's $0.65 per share. GAAP EPS of $0.51 for Q2 were 24% lower than the prior-year quarter's $0.67 per share.

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

Margin details
For the quarter, gross margin was 27.4%, 160 basis points worse than the prior-year quarter. Operating margin was 9.5%, 220 basis points worse than the prior-year quarter. Net margin was 6.3%, 210 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $264.5 million. On the bottom line, the average EPS estimate is $0.59.

Next year's average estimate for revenue is $1.02 billion. The average EPS estimate is $2.00.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on AMCOL International is hold, with an average price target of $31.00.

Is AMCOL International the right metals stock for you? Find out the best way to profit from inflation and gold with a little-known company we profile in, "The Tiny Gold Stock Digging Up Massive Profits." Click here for instant access to this free report.

The article AMCOL International Beats on EPS But GAAP Results Lag 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.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners