MICROS Systems (Nasdaq: MCRS ) reported earnings on Aug. 23. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q4), MICROS Systems met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share improved significantly.
Gross margins dropped, operating margins dropped, net margins expanded.
MICROS Systems booked revenue of $302.5 million. The 11 analysts polled by S&P Capital IQ predicted a top line of $302.3 million on the same basis. GAAP reported sales were 10% higher than the prior-year quarter's $274.1 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 $0.68. The 11 earnings estimates compiled by S&P Capital IQ anticipated $0.60 per share. GAAP EPS of $0.59 for Q4 were 18% higher than the prior-year quarter's $0.50 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 54.7%, 180 basis points worse than the prior-year quarter. Operating margin was 23.5%, 20 basis points worse than the prior-year quarter. Net margin was 15.9%, 70 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $292.2 million. On the bottom line, the average EPS estimate is $0.54.
Next year's average estimate for revenue is $1.28 billion. The average EPS estimate is $2.43.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 125 members out of 133 rating the stock outperform, and eight members rating it underperform. Among 35 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 32 give MICROS Systems a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MICROS Systems is buy, with an average price target of $63.00.
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