The 10-second takeaway
For the quarter ended Dec. 31 (Q4), ICG Group missed estimates on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly, and GAAP earnings per share grew significantly.
Gross margins dropped, operating margins shrank, and net margins improved.
ICG Group reported revenue of $35.1 million. The two analysts polled by S&P Capital IQ expected to see sales of $38.0 million on the same basis. GAAP reported sales were 9.2% higher than the prior-year quarter's $33.1 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 -$0.08. The two earnings estimates compiled by S&P Capital IQ forecast -$0.06 per share on the same basis. GAAP EPS of $0.49 for Q3 were much higher than the prior-year quarter's $0.01 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 40.0%, 360 basis points worse than the prior-year quarter. Operating margin was 0.3%, 40 basis points worse than the prior-year quarter. Net margin was 49.5%, 4,870 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $34.8 million. On the bottom line, the average EPS estimate is $0.00.
Next year's average estimate for revenue is $135.2 million. The average EPS estimate is $0.26.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 58 members rating the stock outperform and 12 members rating it underperform. Among 18 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 16 give ICG Group a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ICG Group is buy, 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.