Sirona Dental Systems
The 10-second takeaway
For the quarter ended Dec. 31 (Q1), Sirona Dental Systems beat slightly on revenue and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue improved and GAAP earnings per share dropped.
Margins dropped across the board.
Sirona Dental Systems logged revenue of $258.1 million. The 13 analysts polled by S&P Capital IQ expected revenue of $254.3 million. Sales were 9.5% higher than the prior-year quarter's $235.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
Non-GAAP EPS came in at $0.91. The 13 earnings estimates compiled by S&P Capital IQ predicted $0.92 per share on the same basis. GAAP EPS of $0.67 for Q1 were 11% lower than the prior-year quarter's $0.75 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 53.8%, 150 basis points worse than the prior-year quarter. Operating margin was 21.0%, 280 basis points worse than the prior-year quarter. Net margin was 14.8%, 320 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $232.5 million. On the bottom line, the average EPS estimate is $0.69.
Next year's average estimate for revenue is $969.5 million. The average EPS estimate is $3.08.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 106 members out of 119 rating the stock outperform, and 13 members rating it underperform. Among 38 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 35 give Sirona Dental Systems a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sirona Dental Systems is outperform, with an average price target of $53.85.
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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.