Pall
The 10-second takeaway
For the quarter ended July 31 (Q4), Pall met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share contracted.
Gross margins expanded, operating margins expanded, net margins contracted.
Revenue details
Pall reported revenue of $722.4 million. The 10 analysts polled by S&P Capital IQ hoped for revenue of $719.0 million on the same basis. GAAP reported sales were 7.4% lower than the prior-year quarter's $780.4 million.
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 $0.86. The eight earnings estimates compiled by S&P Capital IQ anticipated $0.76 per share. GAAP EPS of $0.73 for Q4 were 12% lower than the prior-year quarter's $0.83 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 51.5%, 310 basis points better than the prior-year quarter. Operating margin was 19.3%, 290 basis points better than the prior-year quarter. Net margin was 11.9%, 60 basis points worse than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $654.5 million. On the bottom line, the average EPS estimate is $0.70.
Next year's average estimate for revenue is $2.73 billion. The average EPS estimate is $3.14.
Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 132 members out of 158 rating the stock outperform, and 26 members rating it underperform. Among 48 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 40 give Pall a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Pall is hold, with an average price target of $55.64.
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