Capstone Turbine (Nasdaq: CPST ) reported earnings on Feb. 11. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q3), Capstone Turbine met expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP loss per share contracted.
Margins grew across the board.
Capstone Turbine tallied revenue of $33.3 million. The five analysts polled by S&P Capital IQ hoped for revenue of $33.7 million on the same basis. GAAP reported sales were 21% higher than the prior-year quarter's $27.5 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 -$0.02. The five earnings estimates compiled by S&P Capital IQ predicted -$0.02 per share. GAAP EPS were -$0.01 for Q3 compared to -$0.03 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 13.9%, 540 basis points better than the prior-year quarter. Operating margin was -13.2%, 1,520 basis points better than the prior-year quarter. Net margin was -13.5%, 1,860 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $38.0 million. On the bottom line, the average EPS estimate is -$0.01.
Next year's average estimate for revenue is $130.4 million. The average EPS estimate is -$0.08.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 579 members out of 618 rating the stock outperform, and 39 members rating it underperform. Among 66 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Capstone Turbine a green thumbs-up, and 22 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Capstone Turbine is outperform, with an average price target of $2.01.
Looking for alternatives to Capstone Turbine? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Capstone Turbine to My Watchlist.