MDC Partners (Nasdaq: MDCA ) reported earnings on April 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), MDC Partners beat expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded. GAAP loss per share increased.
Gross margins grew, operating margins increased, net margins dropped.
MDC Partners reported revenue of $267.0 million. The six analysts polled by S&P Capital IQ looked for sales of $259.7 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $236.0 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 -$1.38. The six earnings estimates compiled by S&P Capital IQ predicted -$0.34 per share. GAAP EPS were -$1.38 for Q1 compared to -$0.88 per share for 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 33.0%, 810 basis points better than the prior-year quarter. Operating margin was 3.9%, 880 basis points better than the prior-year quarter. Net margin was -16.2%, 510 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $295.1 million. On the bottom line, the average EPS estimate is $0.06.
Next year's average estimate for revenue is $1.15 billion. The average EPS estimate is -$0.86.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 31 members out of 45 rating the stock outperform, and 14 members rating it underperform. Among 20 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 14 give MDC Partners a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MDC Partners is buy, with an average price target of $16.43.
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