Total System Services (NYSE: TSS ) reported earnings on Jan. 22. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Total System Services met expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue expanded slightly and GAAP earnings per share expanded.
Gross margins grew, operating margins contracted, net margins were steady.
Total System Services logged revenue of $479.1 million. The 11 analysts polled by S&P Capital IQ expected revenue of $484.5 million on the same basis. GAAP reported sales were 1.5% higher than the prior-year quarter's $472.2 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 $0.32. The 21 earnings estimates compiled by S&P Capital IQ predicted $0.33 per share. GAAP EPS of $0.32 for Q4 were 3.2% higher than the prior-year quarter's $0.31 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 34.1%, 250 basis points better than the prior-year quarter. Operating margin was 18.7%, 30 basis points worse than the prior-year quarter. Net margin was 12.7%, about the same as the prior-year quarter.
Next quarter's average estimate for revenue is $480.8 million. On the bottom line, the average EPS estimate is $0.34.
Next year's average estimate for revenue is $1.98 billion. The average EPS estimate is $1.44.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 182 members out of 198 rating the stock outperform, and 16 members rating it underperform. Among 61 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 59 give Total System Services a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Total System Services is hold, with an average price target of $25.12.
Is Total System Services playing the right part in the new technology revolution? Computers, mobile devices, and related services are creating huge amounts of valuable data, but only for companies that can crunch the numbers and make sense of it. Meet the leader in this field in "The Only Stock You Need To Profit From the NEW Technology Revolution." Click here for instant access to this free report.
- Add Total System Services to My Watchlist.