Owens & Minor
The 10-second takeaway
For the quarter ended June 30 (Q2), Owens & Minor met expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue increased. GAAP earnings per share contracted.
Gross margins increased, operating margins contracted, net margins dropped.
Owens & Minor logged revenue of $2.27 billion. The six analysts polled by S&P Capital IQ anticipated revenue of $2.28 billion on the same basis. GAAP reported sales were 3.7% higher than the prior-year quarter's $2.19 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
EPS came in at $0.46. The seven earnings estimates compiled by S&P Capital IQ averaged $0.46 per share. GAAP EPS of $0.46 for Q2 were 4.2% lower than the prior-year quarter's $0.48 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the quarter, gross margin was 12.1%, 240 basis points better than the prior-year quarter. Operating margin was 2.2%, 30 basis points worse than the prior-year quarter. Net margin was 1.3%, 10 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $2.28 billion. On the bottom line, the average EPS estimate is $0.49.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 165 members out of 174 rating the stock outperform, and nine members rating it underperform. Among 56 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 51 give Owens & Minor a green thumbs-up, and five give it a red thumbs-down.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Owens & Minor. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.
- Add Owens & Minor to My Watchlist.