Westwood Holdings Group
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Westwood Holdings Group beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share increased significantly.
Margins grew across the board.
Westwood Holdings Group reported revenue of $17.0 million. The one analyst polled by S&P Capital IQ predicted a top line of $15.6 million. Sales were 10% higher than the prior-year quarter's $15.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
EPS came in at $0.57. The one earnings estimate compiled by S&P Capital IQ averaged $0.44 per share. GAAP EPS of $0.57 for Q4 were 21% higher than the prior-year quarter's $0.47 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 52.9%, 190 basis points better than the prior-year quarter. Operating margin was 36.9%, 370 basis points better than the prior-year quarter. Net margin was 24.2%, 310 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $16.1 million. On the bottom line, the average EPS estimate is $0.46.
Next year's average estimate for revenue is $67.2 million. The average EPS estimate is $1.97.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 137 members rating the stock outperform, and seven members rating it underperform. Among 24 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 24 give Westwood Holdings Group a green thumbs-up, and give it a red thumbs-down.
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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. 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.