Verisk Analytics (Nasdaq: VRSK ) reported earnings on July 31. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Verisk Analytics met expectations on revenues and beat slightly on earnings per share.
Compared to the prior-year quarter, revenue expanded, and GAAP earnings per share improved.
Gross margins increased, operating margins expanded, net margins contracted.
Verisk Analytics reported revenue of $373.2 million. The nine analysts polled by S&P Capital IQ wanted to see revenue of $369.9 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $327.3 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 $0.47. The nine earnings estimates compiled by S&P Capital IQ predicted $0.46 per share. GAAP EPS of $0.43 for Q2 were 13% higher than the prior-year quarter's $0.38 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 60.6%, 70 basis points better than the prior-year quarter. Operating margin was 37.1%, 30 basis points better than the prior-year quarter. Net margin was 19.6%, 40 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $388.8 million. On the bottom line, the average EPS estimate is $0.51.
Next year's average estimate for revenue is $1.51 billion. The average EPS estimate is $1.96.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 85 members out of 91 rating the stock outperform, and six members rating it underperform. Among 20 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 20 give Verisk Analytics a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Verisk Analytics is outperform, with an average price target of $51.82.
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