Syntel (Nasdaq: SYNT ) reported earnings on Feb. 14. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Syntel beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share increased.
Gross margins increased, operating margins contracted, net margins increased.
Syntel recorded revenue of $187.8 million. The 10 analysts polled by S&P Capital IQ expected revenue of $184.5 million on the same basis. GAAP reported sales were 8.9% higher than the prior-year quarter's $172.4 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 $1.19. The six earnings estimates compiled by S&P Capital IQ anticipated $1.03 per share. GAAP EPS of $1.19 for Q4 were 13% higher than the prior-year quarter's $1.05 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 45.2%, 310 basis points better than the prior-year quarter. Operating margin was 30.2%, 730 basis points worse than the prior-year quarter. Net margin was 26.6%, 110 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $190.6 million. On the bottom line, the average EPS estimate is $1.00.
Next year's average estimate for revenue is $805.9 million. The average EPS estimate is $4.24.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 201 members out of 215 rating the stock outperform, and 14 members rating it underperform. Among 69 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 66 give Syntel a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Syntel is outperform, with an average price target of $63.88.
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