GP Strategies (NYSE: GPX ) reported earnings on Feb. 26. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), GP Strategies beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew. GAAP earnings per share grew.
Gross margins increased, operating margins grew, net margins shrank.
GP Strategies chalked up revenue of $106.0 million. The four analysts polled by S&P Capital IQ expected sales of $103.9 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $93.9 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 $0.32. The three earnings estimates compiled by S&P Capital IQ predicted $0.30 per share. GAAP EPS of $0.32 for Q4 were 3.2% higher than the prior-year quarter's $0.31 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 18.3%, 100 basis points better than the prior-year quarter. Operating margin was 9.6%, 80 basis points better than the prior-year quarter. Net margin was 5.8%, 50 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $104.5 million. On the bottom line, the average EPS estimate is $0.28.
Next year's average estimate for revenue is $438.4 million. The average EPS estimate is $1.33.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on GP Strategies is buy, with an average price target of $23.00.
Looking for alternatives to GP Strategies? 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 GP Strategies to My Watchlist.