The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Jones Group met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP loss per share dropped.
Margins expanded across the board.
Jones Group logged revenue of $893.6 million. The five analysts polled by S&P Capital IQ predicted a top line of $890.7 million. GAAP sales were 2.3% higher than the prior-year quarter's $873.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $0.10. The four earnings estimates compiled by S&P Capital IQ anticipated $0.01 per share on the same basis. GAAP EPS were -$0.27 for Q4 compared to -$0.48 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 35.8%, 500 basis points better than the prior-year quarter. Operating margin was 0.6%, 210 basis points better than the prior-year quarter. Net margin was -2.4%, 220 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $942.7 million. On the bottom line, the average EPS estimate is $0.29.
Next year's average estimate for revenue is $3.85 billion.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 161 members out of 201 rating the stock outperform, and 40 members rating it underperform. Among 66 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 58 give Jones Group a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Jones Group is hold, with an average price target of $13.25.
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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.