Global Cash Access Holdings
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Global Cash Access Holdings beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue was unchanged and GAAP earnings per share expanded.
Margins grew across the board.
Global Cash Access Holdings reported revenue of $137.7 million. The five analysts polled by S&P Capital IQ expected a top line of $131.8 million on the same basis. GAAP reported sales were 0.1% lower than the prior-year quarter's $137.8 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 $0.14. The four earnings estimates compiled by S&P Capital IQ anticipated $0.12 per share on the same basis. GAAP EPS of $0.07 for Q4 were much higher than the prior-year quarter's $0.00 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 26.2%, 410 basis points better than the prior-year quarter. Operating margin was 10.3%, 330 basis points better than the prior-year quarter. Net margin was 3.3%, 350 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $147.0 million. On the bottom line, the average EPS estimate is $0.14.
Next year's average estimate for revenue is $587.1 million. The average EPS estimate is $0.56.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 140 members out of 167 rating the stock outperform, and 27 members rating it underperform. Among 46 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 31 give Global Cash Access Holdings a green thumbs-up, and 15 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Global Cash Access Holdings is outperform, with an average price target of $5.83.
Is Global Cash Access Holdings playing the right part in the new technology revolution? Computers, mobile devices, and related services are creating huge amounts of valuable data, but only for companies that can crunch the numbers and make sense of it. Meet the leader in this field in "The Only Stock You Need To Profit From the NEW Technology Revolution." Click here for instant access to this free report.
- Add Global Cash Access Holdings 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