Focus Media Holding (Nasdaq: FMCN ) reported earnings on Nov. 27. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Focus Media Holding met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share grew.
Gross margins expanded, operating margins grew, net margins dropped.
Focus Media Holding reported revenue of $256.3 million. The three analysts polled by S&P Capital IQ hoped for revenue of $257.1 million on the same basis. GAAP reported sales were 22% higher than the prior-year quarter's $210.7 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 $0.71. The four earnings estimates compiled by S&P Capital IQ forecast $0.69 per share. GAAP EPS of $0.48 for Q3 were 6.7% higher than the prior-year quarter's $0.45 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 67.7%, 340 basis points better than the prior-year quarter. Operating margin was 38.7%, 440 basis points better than the prior-year quarter. Net margin was 25.2%, 430 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $294.4 million. On the bottom line, the average EPS estimate is $0.85.
Next year's average estimate for revenue is $972.8 million. The average EPS estimate is $2.27.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 1,011 members out of 1,124 rating the stock outperform, and 113 members rating it underperform. Among 271 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 220 give Focus Media Holding a green thumbs-up, and 51 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Focus Media Holding is buy, with an average price target of $39.66.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Focus Media Holding. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.
- Add Focus Media Holding to My Watchlist.