Shire (Nasdaq: SHPG ) reported earnings on Feb. 14. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Shire met expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share dropped significantly.
Margins dropped across the board.
Shire reported revenue of $1.20 billion. The 15 analysts polled by S&P Capital IQ hoped for revenue of $1.20 billion on the same basis. GAAP reported sales were 5.2% higher than the prior-year quarter's $1.14 billion.
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 $1.58. The 12 earnings estimates compiled by S&P Capital IQ anticipated $1.57 per share. GAAP EPS of $0.07 for Q4 were 84% lower than the prior-year quarter's $0.44 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 86.1%, 50 basis points worse than the prior-year quarter. Operating margin was 7.3%, 2,200 basis points worse than the prior-year quarter. Net margin was 3.5%, 1,890 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $1.21 billion. On the bottom line, the average EPS estimate is $1.53.
Next year's average estimate for revenue is $4.98 billion. The average EPS estimate is $6.67.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 115 members out of 135 rating the stock outperform, and 20 members rating it underperform. Among 47 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 37 give Shire a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Shire is outperform, with an average price target of $103.38.