The 10-second takeaway
For the quarter ended June 30 (Q2), American Reprographics met expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue contracted and GAAP loss per share dropped.
Gross margins dropped, operating margins grew, net margins expanded.
American Reprographics reported revenue of $106.2 million. The four analysts polled by S&P Capital IQ anticipated revenue of $107.4 million on the same basis. GAAP reported sales were 3.1% lower than the prior-year quarter's $109.6 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 forecast $0.02 per share. GAAP EPS were -$0.02 for Q2 against -$1.87 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 31.8%, 80 basis points worse than the prior-year quarter. Operating margin was 6.6%, 280 basis points better than the prior-year quarter. Net margin was -1.0%, 7,620 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $105.9 million. On the bottom line, the average EPS estimate is $0.02.
Next year's average estimate for revenue is $424.4 million. The average EPS estimate is $0.07.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 561 members out of 598 rating the stock outperform, and 37 members rating it underperform. Among 175 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 165 give American Reprographics a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on American Reprographics is outperform, with an average price target of $8.83.
- Add American Reprographics to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of American Reprographics Company. Motley Fool newsletter services recommend American Reprographics Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.