Intermec (NYSE: IN ) reported earnings on Nov. 1. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Intermec missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share increased significantly.
Gross margins were steady, operating margins increased, net margins expanded.
Intermec notched revenue of $192.8 million. The two analysts polled by S&P Capital IQ expected net sales of $202.5 million on the same basis. GAAP reported sales were 9.0% lower than the prior-year quarter's $211.8 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 $0.12. The one earnings estimate compiled by S&P Capital IQ forecast $0.11 per share. GAAP EPS of $0.12 for Q3 were much higher than the prior-year quarter's $0.01 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 41.5%, about the same as the prior-year quarter. Operating margin was 2.7%, 170 basis points better than the prior-year quarter. Net margin was 3.7%, 340 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $236.0 million. On the bottom line, the average EPS estimate is $0.18.
Next year's average estimate for revenue is $818.0 million. The average EPS estimate is -$0.02.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 105 members out of 132 rating the stock outperform, and 27 members rating it underperform. Among 31 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 25 give Intermec a green thumbs-up, and six give it a red thumbs-down.
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