The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Given Imaging beat expectations on revenue and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share improved significantly.
Margins grew across the board.
Given Imaging chalked up revenue of $48.5 million. The two analysts polled by S&P Capital IQ expected net sales of $46.8 million on the same basis. GAAP reported sales were 7.9% higher than the prior-year quarter's $44.9 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 $0.25. The two earnings estimates compiled by S&P Capital IQ forecast $0.21 per share on the same basis. GAAP EPS of $0.19 for Q4 were 58% higher than the prior-year quarter's $0.12 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 77.4%, 20 basis points better than the prior-year quarter. Operating margin was 10.1%, 160 basis points better than the prior-year quarter. Net margin was 11.6%, 450 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $43.4 million. On the bottom line, the average EPS estimate is $0.14.
Next year's average estimate for revenue is $191.2 million. The average EPS estimate is $0.70.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 119 members out of 131 rating the stock outperform, and 12 members rating it underperform. Among 21 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 21 give Given Imaging a green thumbs-up.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Given Imaging is outperform, with an average price target of $21.33.
The health-care investing landscape is littered with also-rans and a few major winners. Is Given Imaging the right stock for you? Read "Discover the Next Rule-Breaking Multibagger" to learn about a company David Gardner believes will be a phenomenal success over the next few years. Click here for instant access to this free report.
- Add Given Imaging 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. 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.