The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Viasystems Group met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share improved significantly.
Margins grew across the board.
Viasystems Group booked revenue of $269.0 million. The one analyst polled by S&P Capital IQ expected to see a top line of $269.0 million on the same basis. GAAP reported sales were 10% higher than the prior-year quarter's $243.9 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 $0.97. The two earnings estimates compiled by S&P Capital IQ predicted $0.53 per share on the same basis. GAAP EPS of $0.74 for Q4 were 68% higher than the prior-year quarter's $0.44 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 23.5%, 330 basis points better than the prior-year quarter. Operating margin was 8.9%, 220 basis points better than the prior-year quarter. Net margin was 5.6%, 200 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $257.8 million. On the bottom line, the average EPS estimate is $0.30.
Next year's average estimate for revenue is $1.08 billion. The average EPS estimate is $1.71.
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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.