Verisk Analytics (Nasdaq: VRSK ) reported earnings on April 30. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Verisk Analytics met expectations on revenues and met 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 expanded.
Margins dropped across the board.
Verisk Analytics recorded revenue of $403.3 million. The 10 analysts polled by S&P Capital IQ foresaw a top line of $403.4 million on the same basis. GAAP reported sales were 16% higher than the prior-year quarter's $346.5 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 $0.53. The 12 earnings estimates compiled by S&P Capital IQ predicted $0.53 per share. Non-GAAP EPS of $0.53 for Q1 were 20% higher than the prior-year quarter's $0.44 per share. GAAP EPS of $0.47 for Q1 were 6.8% higher than the prior-year quarter's $0.44 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 59.2%, 230 basis points worse than the prior-year quarter. Operating margin was 36.6%, 350 basis points worse than the prior-year quarter. Net margin was 20.0%, 150 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $420.5 million. On the bottom line, the average EPS estimate is $0.54.
Next year's average estimate for revenue is $1.73 billion. The average EPS estimate is $2.32.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 84 members out of 94 rating the stock outperform, and 10 members rating it underperform. Among 28 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 28 give Verisk Analytics a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Verisk Analytics is outperform, with an average price target of $62.00.
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