BMC Software (Nasdaq: BMC ) reported earnings on Jan. 28. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q3), BMC Software met expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share dropped.
Margins dropped across the board.
BMC Software reported revenue of $580.2 million. The 13 analysts polled by S&P Capital IQ predicted sales of $587.4 million on the same basis. GAAP reported sales were 5.8% higher than the prior-year quarter's $548.2 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 $0.99. The 15 earnings estimates compiled by S&P Capital IQ predicted $1.01 per share. GAAP EPS of $0.70 for Q3 were 1.4% lower than the prior-year quarter's $0.71 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 74.4%, 50 basis points worse than the prior-year quarter. Operating margin was 25.4%, 410 basis points worse than the prior-year quarter. Net margin was 18.3%, 360 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $609.9 million. On the bottom line, the average EPS estimate is $1.04.
Next year's average estimate for revenue is $2.25 billion. The average EPS estimate is $3.56.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 323 members out of 344 rating the stock outperform, and 21 members rating it underperform. Among 131 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 127 give BMC Software a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on BMC Software is outperform, with an average price target of $43.92.
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