BMC Software (Nasdaq: BMC ) reported earnings on Aug. 1. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q1), BMC Software missed estimates on revenues and whiffed on earnings per share.
Compared to the prior-year quarter, revenue was unchanged and GAAP earnings per share dropped significantly.
Margins dropped across the board.
BMC Software tallied revenue of $504.4 million. The 12 analysts polled by S&P Capital IQ predicted sales of $521.9 million on the same basis. GAAP reported sales were 0.4% higher than the prior-year quarter's $502.4 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 $0.65. The 14 earnings estimates compiled by S&P Capital IQ anticipated $0.75 per share. GAAP EPS of $0.33 for Q1 were 38% lower than the prior-year quarter's $0.53 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 70.7%, 350 basis points worse than the prior-year quarter. Operating margin was 14.7%, 820 basis points worse than the prior-year quarter. Net margin was 10.7%, 830 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $554.6 million. On the bottom line, the average EPS estimate is $0.89.
Next year's average estimate for revenue is $2.26 billion. The average EPS estimate is $3.49.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 330 members out of 348 rating the stock outperform, and 18 members rating it underperform. Among 111 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 107 give BMC Software a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on BMC Software is outperform, with an average price target of $43.83.
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