The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Ctrip.com International met expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share dropped.
Margins dropped across the board.
Ctrip.com International logged revenue of $147.1 million. The 13 analysts polled by S&P Capital IQ expected a top line of $147.8 million on the same basis. GAAP reported sales were 23% higher than the prior-year quarter's $119.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.27. The eight earnings estimates compiled by S&P Capital IQ anticipated $0.28 per share. GAAP EPS of $0.27 for Q4 were 10.0% lower than the prior-year quarter's $0.30 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 75.7%, 280 basis points worse than the prior-year quarter. Operating margin was 24.9%, 1,220 basis points worse than the prior-year quarter. Net margin was 27.3%, 1,110 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $143.6 million. On the bottom line, the average EPS estimate is $0.28.
Next year's average estimate for revenue is $685.6 million. The average EPS estimate is $1.39.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 4,126 members out of 4,291 rating the stock outperform, and 165 members rating it underperform. Among 1,253 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,219 give Ctrip.com International a green thumbs-up, and 34 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ctrip.com International is hold, with an average price target of $36.54.
- Add Ctrip.com International to My Watchlist.