Yandex (Nasdaq: YNDX ) reported earnings on Feb. 19. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Yandex beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly. Non-GAAP earnings per share grew significantly. GAAP earnings per share grew significantly.
Margins dropped across the board.
Yandex booked revenue of $292.8 million. The six analysts polled by S&P Capital IQ expected to see sales of $285.7 million on the same basis. GAAP reported sales were 44% higher than the prior-year quarter's $200.6 million.
EPS came in at $0.29. The three earnings estimates compiled by S&P Capital IQ averaged $0.28 per share. Non-GAAP EPS of $0.29 for Q4 were 38% higher than the prior-year quarter's $0.21 per share. GAAP EPS of $0.26 for Q4 were 30% higher than the prior-year quarter's $0.20 per share.
For the quarter, gross margin was 76.5%, 40 basis points worse than the prior-year quarter. Operating margin was 35.2%, 520 basis points worse than the prior-year quarter. Net margin was 30.5%, 250 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $259.4 million. On the bottom line, the average EPS estimate is $0.20.
Next year's average estimate for revenue is $1.24 billion. The average EPS estimate is $1.11.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 151 members out of 164 rating the stock outperform, and 13 members rating it underperform. Among 51 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Yandex a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Yandex is outperform, with an average price target of $29.33.
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