The 10-second takeaway
For the quarter ended May 4 (Q1), ValueVision Media beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew. GAAP earnings per share increased.
Margins grew across the board.
ValueVision Media recorded revenue of $151.4 million. The four analysts polled by S&P Capital IQ wanted to see sales of $148.6 million on the same basis. GAAP reported sales were 11% higher than the prior-year quarter's $136.5 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 $0.02. The three earnings estimates compiled by S&P Capital IQ anticipated $0.01 per share. GAAP EPS were $0.02 for Q1 compared to -$0.18 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 37.7%, 30 basis points better than the prior-year quarter. Operating margin was 1.1%, 510 basis points better than the prior-year quarter. Net margin was 0.7%, 710 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $144.0 million. On the bottom line, the average EPS estimate is $0.01.
Next year's average estimate for revenue is $618.0 million. The average EPS estimate is $0.12.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 99 members out of 136 rating the stock outperform, and 37 members rating it underperform. Among 31 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 19 give ValueVision Media a green thumbs-up, and 12 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ValueVision Media is outperform, with an average price target of $3.83.
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