Entercom Communications (NYSE: ETM ) reported earnings on Feb. 8. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Entercom Communications beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share contracted significantly.
Gross margins expanded, operating margins increased, net margins dropped.
Entercom Communications tallied revenue of $102.1 million. The three analysts polled by S&P Capital IQ expected sales of $100.9 million on the same basis. GAAP reported sales were 7.3% higher than the prior-year quarter's $95.1 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 $0.31. The three earnings estimates compiled by S&P Capital IQ anticipated $0.25 per share. GAAP EPS of $0.19 for Q4 were 32% lower than the prior-year quarter's $0.28 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 39.5%, 310 basis points better than the prior-year quarter. Operating margin was 30.3%, 300 basis points better than the prior-year quarter. Net margin was 7.2%, 390 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $80.6 million. On the bottom line, the average EPS estimate is $0.03.
Next year's average estimate for revenue is $395.1 million. The average EPS estimate is $0.75.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 60 members out of 129 rating the stock outperform, and 69 members rating it underperform. Among 34 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 20 give Entercom Communications a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Entercom Communications is outperform, with an average price target of $14.00.
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