MDC Partners (Nasdaq: MDCA ) reported earnings on July 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), MDC Partners missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew. GAAP earnings per share grew.
Margins grew across the board.
MDC Partners recorded revenue of $288.1 million. The six analysts polled by S&P Capital IQ anticipated revenue of $296.2 million on the same basis. GAAP reported sales were 5.1% higher than the prior-year quarter's $274.1 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 $0.29. The five earnings estimates compiled by S&P Capital IQ predicted $0.04 per share. GAAP EPS were $0.29 for Q2 compared to -$0.65 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 33.8%, 270 basis points better than the prior-year quarter. Operating margin was 9.2%, much better than the prior-year quarter. Net margin was 3.4%, much better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $290.2 million. On the bottom line, the average EPS estimate is $0.15.
Next year's average estimate for revenue is $1.16 billion. The average EPS estimate is -$0.62.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 31 members out of 46 rating the stock outperform, and 15 members rating it underperform. Among 19 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 14 give MDC Partners a green thumbs-up, and five 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 $22.17.
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