The 10-second takeaway
For the quarter ended April 2 (Q1), Jamba beat slightly on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue increased. GAAP loss per share contracted.
Gross margins expanded, operating margins were steady, net margins grew.
Jamba notched revenue of $55.1 million. The six analysts polled by S&P Capital IQ predicted revenue of $54.1 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
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 -$0.02. The four earnings estimates compiled by S&P Capital IQ predicted -$0.02 per share. GAAP EPS were -$0.02 for Q1 versus -$0.03 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 35.5%, 40 basis points better than the prior-year quarter. Operating margin was -2.2%, much about the same as the prior-year quarter. Net margin was -2.3%, 50 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $70.2 million. On the bottom line, the average EPS estimate is $0.08.
Next year's average estimate for revenue is $243.9 million. The average EPS estimate is $0.09.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 847 members out of 905 rating the stock outperform, and 58 members rating it underperform. Among 159 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 144 give Jamba a green thumbs-up, and 15 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Jamba is buy, with an average price target of $3.30.
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