Home Inns & Hotels Management (Nasdaq: HMIN ) reported earnings on March 11. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Home Inns & Hotels Management beat expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue grew significantly. Non-GAAP earnings per share increased significantly. GAAP earnings per share didn't change.
Margins dropped across the board.
Home Inns & Hotels Management notched revenue of $235.6 million. The six analysts polled by S&P Capital IQ looked for sales of $227.1 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $207.8 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 $0.14. The three earnings estimates compiled by S&P Capital IQ predicted $0.15 per share. Non-GAAP EPS of $0.14 for Q4 were 17% higher than the prior-year quarter's $0.12 per share. GAAP EPS of $0.02 were the same as 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 28.3%, 90 basis points worse than the prior-year quarter. Operating margin was 2.5%, 50 basis points worse than the prior-year quarter. Net margin was 0.4%, 210 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $220.7 million. On the bottom line, the average EPS estimate is -$0.03.
Next year's average estimate for revenue is $1.04 billion. The average EPS estimate is $1.20.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 469 members out of 535 rating the stock outperform, and 66 members rating it underperform. Among 114 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 89 give Home Inns & Hotels Management a green thumbs-up, and 25 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Home Inns & Hotels Management is outperform, with an average price target of $33.38.
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