The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Atlantic Tele-Network missed estimates on revenues and whiffed on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share expanded significantly.
Margins grew across the board.
Atlantic Tele-Network logged revenue of $182.9 million. The four analysts polled by S&P Capital IQ predicted revenue of $190.0 million on the same basis. GAAP reported sales were 6.0% lower than the prior-year quarter's $194.7 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 four earnings estimates compiled by S&P Capital IQ predicted $0.49 per share. GAAP EPS of $0.27 for Q4 were 29% higher than the prior-year quarter's $0.21 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 62.2%, 1,550 basis points better than the prior-year quarter. Operating margin was 7.4%, 370 basis points better than the prior-year quarter. Net margin was 2.3%, 60 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $185.4 million. On the bottom line, the average EPS estimate is $0.49.
Next year's average estimate for revenue is $758.7 million. The average EPS estimate is $2.73.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 216 members out of 224 rating the stock outperform, and eight members rating it underperform. Among 70 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 70 give Atlantic Tele-Network a green thumbs-up.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Atlantic Tele-Network is outperform, with an average price target of $50.
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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.